In Discriminant Analysis,there Is No Multicollinearity in the Predictor Variables

question 57

True/False

In discriminant analysis,there is no multicollinearity in the predictor variables.Therefore,there is no ambiguous measure of the relative importance of the predictors in discriminating between groups.

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Definitions:

Alienated Labor

A concept in Marxism referring to the estrangement of people from aspects of their human nature due to being part of a social class that does not control the means of production.

Karl Marx

A 19th-century philosopher, economist, and revolutionary socialist known for his critique of capitalism and theory of historical materialism.

Invisible Hand

A term coined by Adam Smith to describe the self-regulating nature of the marketplace, where individual self-interest beneficially contributes to societal welfare.

Tao Te Ching

A foundational text of Taoism, attributed to Laozi, emphasizing living in harmony with the Tao, or the fundamental nature of the universe.