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Author Question: When multicollinearity is present, the estimated regression coefficients will have large standard ... (Read 84 times)

renzo156

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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



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kjo;oj

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Answer to Question 1

T

Answer to Question 2

T




renzo156

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Reply 2 on: Jul 24, 2018
Great answer, keep it coming :)


jomama

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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