Question: 1. Discuss the following statements and explain why they are true or false. (a) Multicollinearity affects the interpretation of the regression coefficients. (b) The

1. Discuss the following statements and explain why they are true or

false. (a) Multicollinearity affects the interpretation of the regression coefficients. (b) The

1. Discuss the following statements and explain why they are true or false. (a) Multicollinearity affects the interpretation of the regression coefficients. (b) The variance inflation factor of "j depends on the R2 of the regression of the response variable y on the predictor variable :rj. (c) A high leverage point is always highly influential.

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