Author Question: When independent variables in a multiple regression equation are highly correlated among themselves, ... (Read 102 times)

oliviahorn72 · **on:** Jun 29, 2018

When independent variables in a multiple regression equation are highly correlated among themselves, it indicates the existence of __________. The statistics used to measure if this exists is called VIF.
a. unstandardized coefficients
b. standardized coefficients
c. multicollinearity
d. standard error
e. standard deviation

Question 2

Which statistical technique should you use when you are attempting to answer the question: Is there a significant relationship between the customers' disposable income (measured in dollars) and their repeat-buying behavior (measured by the number of rebuys in a twelve-month period)?
a. Multiple regression analysis
b. Chi-Square test
c. Simple regression analysis
d. Pearson correlation coefficient
e. None of the above.