(Solution) - Refer to Exercise a Calculate the correlation between the independent -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Refer to Exercise.
a. Calculate the correlation between the independent variables. Does it indicate the presence of multicollinearity? Explain.
b. Test the correlation between each independent variable and the dependent variable. Which independent variables are linearly related to the dependent variable? Compare this conclusion with the one produced in Exercise.