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Question 6 of 10 0.2 Points is a categorical variable you convert to a numerical

ID: 3316754 • Letter: Q

Question

Question 6 of 10 0.2 Points is a categorical variable you convert to a numerical variable by setting one category equal to 1 and the others to 0 0.2 Points Question 7 of 10 An is when the slope of one independent variable depends on the value of another independent variable. 0.2 Points Question 8 of 10 is a problem when the independent variables are highly correlated with each other. 0.3 Points Question 9 of 10 The value measures the amount of multicollinearity. Values above may cause problems and values above almost always cause problems 0.2 Points Question 10 of 10 In a multiple regression model, terms with high should be removed

Explanation / Answer

6

a flag variable is a categorical variable you convert by setting one category equal to 1 and the other is zero

7
a correlation is when the slope o ine independent variable depends on another

8)

multicollinearity is a probelm when the independent variables are highly correlated to each other

9)
The Variance Inflation factor (VIF) measures the amount of multicollinearity , values above 5 may cause problems and values above 10 are always problems

10 )
in a multiple regression model , terms with high p value should be removed. Normally when p value is greater than signficance level

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