In a recent meeting, a manager indicated that sales tend to be ...

[Mr.Thesaxman]

In a recent meeting, a manager indicated that sales tend to be higher during October, November, and December and lower in the spring. In making this statement, she is indicating that sales for the company are cyclical.
 
  Indicate whether the statement is true or false

Question 2

Multicollinearity occurs when one or more independent variables is highly correlated with the dependent variable.
 
  Indicate whether the statement is true or false

[amit]

Answer to Question 1

FALSE

Answer to Question 2

FALSE