Three predictor variables are being considered for use in a linear regression model.Given the correlation matrix below,does it appear that multicollinearity could be a problem? 
Definitions:
Collective Bargaining
The process of negotiation between employers and a group of employees aimed at agreements to regulate salaries, working conditions, benefits, and other aspects of workers' compensation and rights.
Union Membership
Involvement in an organized group of workers formed to protect and promote their rights and interests.
Narrowly Defined Product
A product that is characterized by very specific features or intended for a specific target market or use.
Union Membership
The state of being a member of a labor union, which is an organization that represents the collective interests of workers.
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