Question: Use the following hypothetical correlation matrix to answer the first two questions: Variable A Variable B Variable C Dep. Variable Variable A 1.00 .62 .88
Use the following hypothetical correlation matrix to answer the first two questions:
Variable A Variable B Variable C Dep. Variable
Variable A 1.00 .62 .88 .68
Variable B 1.00 .68 .22
Variable C 1.00 .38
Dep. Variable 1.00
1)If a regression analysis is performed using Variable A, Variable B and Variable C as independent variables to predict the dependent variable, what is the lowest possible value of R2?
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