Monthly data (n = 252 months) were collected for several variables in an attempt to model the
Question:
Monthly data (n = 252 months) were collected for several variables in an attempt to model the number of females in managerial positions (y).The independent variables included the number of females with a college degree (x1), the number of female high school graduates with no college degree (x2), the number of males in managerial positions (x3), the number of males with a college degree (x4), and the number of male high school graduates with no college degree (x5). The correlations provided in Exercise 11.67 are given in each part. Determine which of the correlations results in a potential multi collinearity problem for the regression analysis.n
a. The correlation relating number of females in managerial positions and number of females with a college degree: r = .983.n
b. The correlation relating number of females in managerial positions and number of female high school graduates with no college degree: r = .074.n
c. The correlation relating number of males in managerial positions and number of males with a college degree: r = .722.
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain