What is multicollinearity? What problems does it cause? How can we detect multicollinearity? When we detect multicollinearity,
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What is multicollinearity? What problems does it cause? How can we detect multicollinearity? When we detect multicollinearity, what should we do?
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Answer Multicollinearity refers to a situation in regression analysis where independent variables also known as predictors or features in a model are highly correlated with each other In other words m...View the full answer
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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