Author Question: When multicollinearity is present, the estimated regression coefficients will have large standard ... (Read 97 times)

renzo156 · **on:** Jul 24, 2018

When multicollinearity is present, the estimated regression coefficients will have large standard error, causing imprecision in confidence and prediction intervals.
Indicate whether the statement is true or false

Question 2

When two or more of the predictor variables are highly correlated with one another, adding or deleting a predictor variable may cause significant changes in the values of the other regression coefficients.
Indicate whether the statement is true or false