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StatisticsQ&A LibraryFill in the blanks. a. If predictor variable x1 has VIF equal to 5, then ________. percent of the variation in the observed values of x1 is explained by the other predictor variables in the regression equation. b. If x1 and x2 are the only predictor variables in a regression equation and if the observed values of x1 and x2 have linear correlation coefficient equal to 0.7, then the VIF of x1 equals ________. c. A VIF of 10 indicates ________. multicollinearity.Start your trial now! First week only $4.99!*arrow_forward*

Question

Fill in the blanks.

a. If predictor variable x1 has VIF equal to 5, then ________. percent of the variation in the observed values of x1 is explained by the other predictor variables in the regression equation.

b. If x1 and x2 are the only predictor variables in a regression equation and if the observed values of x1 and x2 have linear correlation coefficient equal to 0.7, then the VIF of x1 equals ________.

c. A VIF of 10 indicates ________. multicollinearity.

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