When multicollinearity is present, the estimated regression ...

[renzo156]

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

[kjo;oj]

Answer to Question 1

T

Answer to Question 2

T

[renzo156]

Thanks for the timely response, appreciate it

[marict]

Great answer, keep it coming