9.Suppose that the Ri^2 obtained in a secondary regression of Xi on a model's other explanatory variables is 0.6. In this case, the VIF for ^Bi will equal indicating by the "rule of thumb" that severe multicollinearity is

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9.Suppose that the Ri^2 obtained in a secondary regression of Xi on a model's
other explanatory variables is 0.6. In this case, the VIF for ^Bi will equal
indicating by the "rule of thumb" that severe multicollinearity is.
A. 2.6; present
B. 2.5; not present
C. 5.6; present
D. 1.67; not present
Answer B
Transcribed Image Text:9.Suppose that the Ri^2 obtained in a secondary regression of Xi on a model's other explanatory variables is 0.6. In this case, the VIF for ^Bi will equal indicating by the "rule of thumb" that severe multicollinearity is. A. 2.6; present B. 2.5; not present C. 5.6; present D. 1.67; not present Answer B
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