Refer to the Following Correlation Matrix That Was Part of a Regression

question 77

Multiple Choice

Refer to the following correlation matrix that was part of a regression analysis.The dependent variable was Abort (the number of abortions per 1000 women of childbearing age) .The regression was estimated using data for the 50 U.S.states with these predictors: EdSpend = public K-12 school expenditure per capita,Age = median age of population,Unmar = percent of total births by unmarried women,Infmor = infant mortality rate in deaths per 1000 live births. Correlation Matrix Using a two-tailed correlation test,which statement is not accurate?

• A) Age and Infmor are not significantly correlated at α = .05.
• B) Abort and Unmar are significantly correlated at α = .05.
• C) Unmar and Infmor are significantly correlated at α = .05.
• D) The first column of the table shows evidence of multicollinearity.

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Definitions:

Preferential Payment

A payment made to a creditor before a bankruptcy filing that is considered unfair to other creditors.

Transferred Property

Assets or rights that have been legally moved from one owner to another through a sale, gift, or inheritance.

Preexisting Debt

Financial obligations or liabilities that exist before a specified event or transaction, such as taking out a new loan.

Fraudulent Transfer

A transaction where a debtor intentionally transfers assets to avoid creditors' claims.