Because n is an integer and we want the bound on the error of ...

[EY67]

Because n is an integer and we want the bound on the error of estimation to be no more than a given amount, any non-integer value found for n must always be rounded ___________________ _.
 Fill in the blank(s) with correct word

Question 2

Discuss two indicators that can be found in an analysis that suggest multicollinearity is present.

[6ana001]

Answer to Question 1

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Answer to Question 2

A good indicator of multicollinearity is a large F-statistic, but small t-statistics. A related clue to the presence of multicollinearity is an independent variable known to be an important predictor that ends up having a regression coefficient that is not significant. Another clue is when a regression coefficient exhibits the wrong sign. Or when an independent variable is added or deleted, the regression coefficients for the other variables change drastically.

[EY67]

Correct answers!

[6ana001]

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