The correlation matrix between the potential explanatory variables is given: 1 -0,94 -0,40 -0,90 0,69 1 -0,94 0,59 0,92 -0,56 1 0,35 -0,49 -0,90 0,92 0,35 1 -0, 35 0,69 -0,56 -0,49 -0,35 1 Determine the critical correlation coefficient based on the minimax rule. R=0,40 0,59

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 2AGP
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The correlation matrix between the potential explanatory variables is given:
1
- 0,94 - 0,40 - 0,90
0,69
- 0,94
1
0,59
0,92 -0,56
R= -0,40
0, 59
1
0,35
-0,49
- 0, 35
0, 35
- 0,56 - 0,49 - 0, 35
-0,90 0,92
1
0,69
1
Determine the critical correlation coefficient based on the minimax rule.
Transcribed Image Text:The correlation matrix between the potential explanatory variables is given: 1 - 0,94 - 0,40 - 0,90 0,69 - 0,94 1 0,59 0,92 -0,56 R= -0,40 0, 59 1 0,35 -0,49 - 0, 35 0, 35 - 0,56 - 0,49 - 0, 35 -0,90 0,92 1 0,69 1 Determine the critical correlation coefficient based on the minimax rule.
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