Multicollinearity - Explained Simply (part 1)

I describe what multicolinearity is, why it is a problem, how it can be measured, and what one can do about it. I also give guidelines for interpreting levels of tolerance and the variance inflation factor.

For more information and references, check out:
http://how2stats.blogspot.com/2011/09/collinearity.html

Category:

Education

Tags:

• multicollinearity
• collinearity
• tolerance
• variance inflation factor