The regression results would show
Posted: Tue Aug 03, 2021 7:26 am
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
a high r-squared and insignificant slope parameters