TYPE I errors will be more likely in the presence of multicollinearity.

Name: TYPE I errors will be more likely in the presence of multicollinearity.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Multicollinearity primarily affects the precision of the estimates of the regression coefficients, making them less reliable, but it does not directly increase the likelihood of Type I errors, which are false positives in hypothesis testing.

TYPE I Errors Will Be More Likely in the Presence