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Multicollinearity - Explained Simply (part 1)
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YouTubehow2stats
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
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