Question: The county assessor is concerned about possible multicollinearity between the size (X1) and total number of rooms (X2) variables. Calculate the correlation coefficient between these
The county assessor is concerned about possible multicollinearity between the size (X1) and total number of rooms (X2) variables. Calculate the correlation coefficient between these two variables and diagnose the magnitude of the collinearity problem.
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It is likely that larger buildings also tend to have more rooms He... View full answer
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