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 Cas independent variables to predict the dependent variable, what is the lowest possible value of R'? 2) Considering the correlations among the variables, what problem is likely to develop when a regression analysis is done using Variable A, Variable B, and Variable C to predict Dep. Variable
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