Answer: <u>24 years</u>
Step-by-step explanation:
% • total = Answer
4.25% • $40,000 = Answer
.0425 • $40,000 = Answer
Answer = $1,700 per year
40,000 ÷ 1,700 = 23.5
<u>23.5 rounded to the nearest year is 24</u>
This can happen if you add another independent variable to your regression model that is strongly correlated to some other variable already in the model.
This is called multicollinearity.
If there is a high correlation between your independent variables can lead to problems.
<span>It can lead to increased variance of the coefficient estimates and make the estimates very sensitive to minor changes in the model.</span>
Subtract 363,321 from 778,871. Which gives you 415,550 more geese than crows :)
