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    Multicollinearity and Variables in Multiple Regression

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    What is multicollinearity and why is it important when we are looking at several variables in a multiple regression?

    © BrainMass Inc. brainmass.com June 3, 2020, 10:32 pm ad1c9bdddf
    https://brainmass.com/statistics/regression-analysis/multicollinearity-variables-in-multiple-regression-235952

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    Multicollinearity
    What is multicollinearity and why is it important when we are looking at several variables in a multiple regression?

    In multiple regression problems we expect to find dependencies between the response variable Y and the regressors xj. in most regression problem, however we find that there are also dependencies among the regressor variables xj ...

    Solution Summary

    This solution of 215 words defines multicollinearity and explains the importance of the concept in multiple regression with respect to dependent variables and independent variables.

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