Question 8 Referring to the correlation matrix given below, does multicollinearity appear to be a problem (Use a cut-off of 0.7)? Justify your answer. Speed at 1/4 mile Transmission CurbWeight...


Question 8<br>Referring to the correlation matrix given below, does multicollinearity appear<br>to be a problem (Use a cut-off of 0.7)? Justify your answer.<br>Speed at<br>1/4 mile<br>Transmission<br>CurbWeight EngineType<br>Туре<br>TopSpeed ZeroTo60 | HorsePower<br>Speed at 1/4 mile<br>CurbWeight<br>EngineType<br>TransmissionType<br>TopSpeed<br>1.00<br>-0.56<br>1.00<br>0.21<br>0.30<br>1.00<br>0.18<br>-0.24<br>0.16<br>1.00<br>0.65<br>-0.45<br>0.39<br>0.55<br>1.00<br>ZeroTo60<br>-0.86<br>0.48<br>-0.23<br>-0.35<br>-0.67<br>1.00<br>HorsePower<br>0.67<br>0.03<br>0.49<br>0.29<br>0.68<br>-0.69<br>1.00<br>

Extracted text: Question 8 Referring to the correlation matrix given below, does multicollinearity appear to be a problem (Use a cut-off of 0.7)? Justify your answer. Speed at 1/4 mile Transmission CurbWeight EngineType Туре TopSpeed ZeroTo60 | HorsePower Speed at 1/4 mile CurbWeight EngineType TransmissionType TopSpeed 1.00 -0.56 1.00 0.21 0.30 1.00 0.18 -0.24 0.16 1.00 0.65 -0.45 0.39 0.55 1.00 ZeroTo60 -0.86 0.48 -0.23 -0.35 -0.67 1.00 HorsePower 0.67 0.03 0.49 0.29 0.68 -0.69 1.00

Jun 10, 2022
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