What is meant by the variance inflation factor (VIF)? From the formula (8.14), can you tell the

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What is meant by the variance inflation factor (VIF)? From the formula (8.14), can you tell the least possible and the highest possible value of the VIF?

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Essentials of Econometrics

ISBN: 978-0073375847

4th edition

Authors: Damodar Gujarati, Dawn Porter

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Question Posted: Apr 12, 2016 07:31 AM

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What is meant by the variance inflation factor (VIF)? From the formula (8.14), can you tell the

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The VIF measures the increase in the variances OLS ...View the full answer

Essentials of Econometrics

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