A high value of significantly above 0 in multiple regression accompanied by insignificant t-values on all parameter estimates very often indicates a high correlation between independent variables in the model.

Question

A high value of  significantly above 0 in multiple regression accompanied by insignificant t-values on all parameter estimates very often indicates a high correlation between independent variables in the model.

Quizplus · Accepted Answer

A high value of 11ebc114_12c9_bebc_8acb_4524ef3248f8_TB8562_11 (which is likely a correlation coefficient) above 0 indicates a strong correlation between some of the independent variables in the multiple regression model. This often leads to insignificant t-values on the parameter estimates because the correlated variables are essentially redundant and their effects on the dependent variable cannot be separately identified. When the overall value of the model (represented by 11ebc114_12c9_bebc_8acb_4524ef3248f8_TB8562_11) is high, but the t-values on individual parameter estimates are not significant, it suggests that the independent variables in the model are highly correlated. This is because the model as a whole is able to explain a large amount of the variation in the dependent variable, but none of the individual variables are standing out as significant predictors. This is a common issue in multiple regression and indicates that multicollinearity may be present.

A High Value of Significantly Above 0 in Multiple