Question: Can someone please interpret this test for multicollinearity and talk about the correlation between the inflation and unemployment Correlation coefficients, using the observations 2015 -
Can someone please interpret this test for multicollinearity and talk about the correlation between the inflation and unemployment
Correlation coefficients, using the observations 2015 - 2020
5% critical value (two-tailed) = 0.8114 for n = 6
| Inflation | Unemployment | inflationsq |
|
| 1.0000 | -0.8145 | 0.9792 | Inflation |
|
| 1.0000 | -0.7684 | Unemployment |
|
|
| 1.0000 | inflationsq |
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