Three predictor variables are being considered for use in a linear regression model.Given the correlation matrix below,does it appear that multicollinearity could be a problem?
$$\begin{array} { | l | l | l | l }
\hline & x 1 & x ^ { 2 } & x 3 \
\hline x 1 & 1.000 & & \
\hline x 2 & 0.025 & 1.000 & \
\hline x ^ { 3 } & 0.968 & 0.897 & 1.000 \
\hline
\end{array}$$

Question

Three predictor variables are being considered for use in a linear regression model.Given the correlation matrix below,does it appear that multicollinearity could be a problem?
 $$\begin{array} { | l | l | l | l } 
\hline & x 1 & x ^ { 2 } & x 3 \
\hline x 1 & 1.000 & & \
\hline x 2 & 0.025 & 1.000 & \
\hline x ^ { 3 } & 0.968 & 0.897 & 1.000 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Three predictor variables are being considered for use in a linear regression model.Given the correlation matrix below,does it appear that multicollinearity could be a problem?
 $$\begin{array} { | l | l | l | l } 
\hline & x 1 & x ^ { 2 } & x 3 \
\hline x 1 & 1.000 & & \
\hline x 2 & 0.025 & 1.000 & \
\hline x ^ { 3 } & 0.968 & 0.897 & 1.000 \
\hline
\end{array}$$

Three Predictor Variables Are Being Considered for Use in a Linear