In Regression Analysis,multicollinearity Refers To

question 69

Multiple Choice

In regression analysis,multicollinearity refers to:

• A) the response variables being highly correlated
• B) the explanatory variables being highly correlated
• C) the response variable(s)and the explanatory variable(s)are highly correlated with one another
• D) the response variables are highly correlated over time.

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Definitions:

Racism

A belief or doctrine that inherent differences among the various human racial groups determine cultural or individual achievement, often involving the idea that one's own race is superior and has the right to dominate others.

Class Differences

Variations in the socioeconomic levels of individuals or groups, often leading to disparity in access to resources, opportunities, and privileges.

Marxist Analysis

An approach to social theory and research that emphasizes class relations and societal conflict, using the principles laid out by Karl Marx.

Economic Factors

Variables such as employment, income levels, inflation, and GDP growth that influence the economic performance of countries or regions.