1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gizmo_the_mogwai [7]
2 years ago
14

A real estate builder wishes to determine how house size (House) is influenced by family income (Income), family size (Size), an

d education of the head of household (School). House size is measured in hundreds of square feet, income is measured in thousands of dollars, and education is in years. The builder randomly selected 50 families and ran the multiple regression. The business literature involving human capital shows that education influences an individual’s annual income. Combined, these may influence family size. With this in mind, what should the real estate builder be particularly concerned with when analyzing the multiple regression model?
Mathematics
1 answer:
creativ13 [48]2 years ago
8 0

When analyzing the multiple regression model, the real estate builder should be concerned with Multicollinearity.

<h3 /><h3>What is Multicollinearity?</h3>

This is a phenomenon in regression analysis where some of the independent variables are correlated. This can present an issue because the correlation leads to less reliable results.

The income in this research is influenced by the education and they both influence family size. There is therefore an issue of multicollinearity here because some variables are correlated.

Find out more on Multicollinearity at brainly.com/question/16021902.

You might be interested in
State the domain and the range of each relation. Then determine whether the relation is a function.
IrinaVladis [17]

Answer:

Domain:{-6,3,4}

Range:{-2,5,6,23}

The relation is not a function.

Step-by-step explanation:

By definition, a relation is a function if each input value has only one output value.

Given the relation:

(4,23)

(3,-2)

(-6,5)

(4,6)

The domain is the set of the x-coordinates of each ordered pair (You do not need to write 4 twice):

Domain:{-6,3,4}

The range is the set of the y-coordinates of each ordered pair :

 Range:{-2,5,6,23}

Since the input value 4 has two different output values (23 and 6), the relation is not a function.

8 0
4 years ago
Read 2 more answers
Assessment timer and count Assessment items A hockey league has a total of 252 players on 12 teams. How many players per team ar
sammy [17]
There are 21 people on each team. First you can divide 252 and 12. You get 21. To check you can then multiply 12 and 21 and get 252
3 0
4 years ago
Read 2 more answers
0.13391963118/17(3.78)
erma4kov [3.2K]

Answer:

Simplify the expression.

0.02977742

Step-by-step explanation:

i think i hope its right

7 0
2 years ago
Is 8 quarts equal to 32 gallons
Fittoniya [83]

Answer:

no

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
Sarah is the oldest out of here four sisters. Her youngest sister is half her age. The 2 other sisters are twin and are 2 years
marusya05 [52]
Sarah is 14
The twins are 12
The youngest (n) is 7

14+(12+12)+7=45

n=7
7 0
3 years ago
Other questions:
  • Multiply using distributive property.<br><br> (2m-5)(3m+8)<br><br> PLEASE HELP!!! ASAP!!!
    5·2 answers
  • Find the value for 10 points
    5·2 answers
  • Which scale factors produce an expansion under a dilation of the original image?
    12·1 answer
  • Convert x2 + y2 -4x = 0 to polar form.
    12·1 answer
  • Please Help.... 50 points.
    5·2 answers
  • Twice the sum of 15 and x as an algebraic expression
    15·2 answers
  • Which is the solution to the equation 3.5[2h+4.5] =57.75?
    14·1 answer
  • Pls help!! what is x
    12·1 answer
  • Please Help!
    6·1 answer
  • Please help me asappp!!!
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!