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.

8 0

2 years ago

A sports club needs to raise at least $500 by selling chocolate bars for $2.50 each. Sebastian wants to know how many chocolate

mario62 [17]

Answer:

The inequality should be written as $2.50 times c is greater than or equal to c.

Step-by-step explanation:

First, identify what you know:

1) Each chocolate bar is $2.50

2) Sebastian needs to raise at least $500

So, Sebastian needs to sell at least enough chocolate bars to hit $500. The inequality cannot be written as less than or equal to, because he can't sell less than the number of chocolate bars needed to make $500.

Automatically, I can calculate the minimum number of bars he'll need to sell.

500/2.50 = 200 chocolate bars minimum

c must equal greater than or equal to $500, for Sebastian to raise enough money! So, basically Sebastian has to sell 200 bars OR more.

Hope this helps! :)

4 0

3 years ago

Read 2 more answers

The Sugar Sweet Company is going to transport its sugar to market. It will cost $4500 to rent trucks, and it will cost an additi

Elza [17]

C = 4500 + 150s

4500 is fixed, so what remains is just 150$ per ton of sugar (so 150 x s)

If we substitute 12 for s we get:

C = 4500 + 150*12

C = 6300

6 0

3 years ago