Write notes on Multicollinearity
define what the issue is
explain whether, or under what circumstances, it causes...
70.2K
Verified Solution
Link Copied!
Question
Advance Math
Write notes on Multicollinearity
define what the issue is
explain whether, or under what circumstances, it causes aproblem for inference in OLS regression
explain how it can be detected (if it can)
state what action, if any, you should take to deal with theissue
Answer & Explanation
Solved by verified expert
4.2 Ratings (738 Votes)
i Multicollinearity is defined as a situation in which two or more independent variables are highly related ii Multicollinearity causes a problem for inference in Ordinary Least Square OLS regression because Multicollinearity
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
