Inspection of the following table of correlation coefficients for variables in a multiple regression analysis reveals potential multicollinearity (i.e. high correlation among independent variables) with variables y x1 x2 x3 x4 x5 O x1 and y O x2 and x5 O x1 and x5 O x3 and x5 Oy and x4 y 1 0.954168 -0.11828 -0.12003 0.925901 -0.18105 x1 1 -0.00383 -0.08499 0.118169 -0.07371 x2 1 -0.14523 -0.14876 0.995886 x3 1 0.050042 -0.14151 x4 1 -0.16934 x5 1

MATLAB: An Introduction with Applications
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Inspection of the following table of correlation coefficients for variables in a multiple regression analysis reveals potential multicollinearity (i.e. high correlation among
independent variables) with variables
y
x1
x2
x3
x4
x5
O x1 and y
O x2 and x5
O x1 and x5
O x3 and x5
Oy and x4
y
1
0.954168
-0.11828
-0.12003
0.925901
-0.18105
x1
1
-0.00383
-0.08499
0.118169
-0.07371
x2
1
-0.14523
-0.14876
0.995886
x3
1
0.050042
-0.14151
x4
1
-0.16934
x5
1
Transcribed Image Text:Inspection of the following table of correlation coefficients for variables in a multiple regression analysis reveals potential multicollinearity (i.e. high correlation among independent variables) with variables y x1 x2 x3 x4 x5 O x1 and y O x2 and x5 O x1 and x5 O x3 and x5 Oy and x4 y 1 0.954168 -0.11828 -0.12003 0.925901 -0.18105 x1 1 -0.00383 -0.08499 0.118169 -0.07371 x2 1 -0.14523 -0.14876 0.995886 x3 1 0.050042 -0.14151 x4 1 -0.16934 x5 1
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