Question: Please evaluate the correlation matrix below, assuming stock price is the response variable in a series of multiple regression equations you plan to run. If

Please evaluate the correlation matrix below, assuming stock price is the response variable in a series of multiple regression equations you plan to run. If you are using this as a diagnostic tool, what are you looking for? If this was your data, how would you proceed? Stock Price Stock Price 1.0 Competitiveness .73 Innovativeness .49 Firm Size .17 Firm Age .26 Competitiveness Innovativeness Firm Size Firm Age 1.0 .81 1.0 .12 .03 1.0 -.31 :49 .62 1.0

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