Question: The correlation matrix below shows the correlation coefficients between several variables related to a business: Each cell in the table shows the correlation between two

The correlation matrix below shows the correlation coefficients between several variables related to a business:

Each cell in the table shows the correlation between two specific variables.

  1. If you consider the 0.7 as the threshold value, which variables are highly correlated to each other?

  1. What can you do to increase the speed and performance of a predictive model?
The correlation matrix below shows the correlation coefficients between several variables related

Basic Commitmen Financial Technical Health Business supplier profile t quality stability expertise safety performanc e Basic supplier 0.82 0.48 0.59 0.36 0.78 profile Commitment 0.82 1 0.22 0.05 0.84 0.23 quality Financial 0.48 0.22 1 0.41 stability 0.36 0.8 Technical 0.59 0.05 0.41 1 0.66 0.37 expertise Health safety 0.36 0.84 0.36 0.66 1 0.22 Business 0.78 0.23 0.8 0.37 performance 0.22

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