Coconut groove claims it's still the best in Ghana despite stiff competition from fiesta royal, La palm and others. It has impact on price restructing and adverts to boost demand for the coming year. It has a number of outlets each having data on the number of meals served which is progressed against average price per meal( P in GHS), competitors price( P in GHS), adverts in each outlets immediate service area( A in GHS), the average income per household in each outlet service area (Y in GHS). Use this information to answer the questions below. Q P PC A Y Q 1.00 P -0.73 1.00 PC 0.41 -0.11 1.00 A 0.31 -0.08 0.43 1.00 Y 0.38 0.03 -0.19 -0.20 1.00 Which three pairs of variables are perfectly correlated. Which three pairs of variables may be mostly strongly correlated with the response variable. Which purpose of variables made mostly multicollinear Which three pairs of variables are least multicollinear Which three pairs of variables are least correlated
Coconut groove claims it's still the best in Ghana despite stiff competition from fiesta royal, La palm and others. It has impact on price restructing and adverts to boost demand for the coming year. It has a number of outlets each having data on the number of meals served which is progressed against average price per meal( P in GHS), competitors price( P in GHS), adverts in each outlets immediate service area( A in GHS), the average income per household in each outlet service area (Y in GHS). Use this information to answer the questions below.
| Q | P | PC | A | Y | |
| Q | 1.00 | ||||
| P | -0.73 | 1.00 | |||
| PC | 0.41 | -0.11 | 1.00 | ||
| A | 0.31 | -0.08 | 0.43 | 1.00 | |
| Y | 0.38 | 0.03 | -0.19 | -0.20 | 1.00 |
Which three pairs of variables are perfectly
Which three pairs of variables may be mostly strongly correlated with the response variable.
Which purpose of variables made mostly multicollinear
Which three pairs of variables are least multicollinear
Which three pairs of variables are least correlated
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