In the regression equation Y = b0 + b1X1 + b2X2, assume variables X1 and X2 are perfectly correlated (i.e., r=1 or r=-1). The regression results would show
a high r-squared and insignificant slope parameters
The regression results would show
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
The regression results would show
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!