Question 12 of 12

Question 12 of 12 Study the three predictor variables below and attempt to determine whether substantial multicollinearity is present between the predictor variables. If there is a problem of multicollinearity, how might it affect the outcome of the multiple regression analysis? Residential Residential Natural Electricity (kWh) 2.54 3.51 4.64 5.36 6.20 6.86 7.18 7.54 7.79 7.41 7.41 7.49 Gas (1000 ft3) 1.28 1.71 2.98 3.68 4.29 5.17 6.06 6.12 6.12 5.83 5.54 4.49 Residual Fuel Oil (gal) 0.23 0.31 0.44 0.61 0.76 0.68 0.65 0.69 0.61 0.34 0.42 0.33 Regular Gasoline (gal) 0.38 0.57 0.86 1.19 1.31 1.22 1.16 1.13 1.12 0.86 0.90 0.90 (Round answers to 3 decimal places, e.g. 1.758.) Correlation between Natural Gas and Fuel Oil equals Correlation between Natural Gas and Gasoline equals Correlation between Gasoline and Fuel Oil equals