In a regression model where the dependent variable is percentage of voter turnout, and the independent variables are:
State party affiliation (1 = Republican State, 0 = Democratic),
Percentage of population who are registered Democrats between ages 18-40.
Percentage of population who are registered Republicans between ages 45-70.
Total number of registered voters by state
You would not expect multicollinearity.
False
Increasing the sample size will remove/fix multicollinearity problems in the data.
True
Including dummy variables to a model will likely increase R-square
True
Increasing the number of continuous quantitative variables in a model may decrease SSE.
True
For the following model Y = f(X1,X2,X3), the calculated Variance Inflation Factor(VIF) was 8.2. You should expect an R-square > 0.7.
Decrease on average by 50
For multiple regression model predicted y = 50 + 25x subscript 1 - 10x subscript 2 + 8x subscript 3, if x subscript 2 were to increase by 5, holding x subscript 1 and x subscript 3 constant, the value of y would: