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
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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Question
![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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc5a12706-f39f-4229-b2f2-b0cf265f3098%2F6c5f8c7e-9910-472c-9dc3-bdfb4ad75c57%2Fisc5jls_processed.png&w=3840&q=75)
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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