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2 suppose you perform a multiple regression to predict crime rate in a state and includes as indicators of predictions the homeownership rate divorce...
2
suppose you perform a multiple regression to predict crime rate in a state and includes as indicators of predictions the homeownership rate divorce rate and the personal bankruptcy.
discuss how you examine the correlations between the variables. which independent variables may have strong or weak correlations with the dependent variable? explain how to check the independent variables for multicollinearity?