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VIF is the abbreviation of variance inflation factor which is a measure of the amount of multicollinearity that exists in a set of multiple regression variables.
*The VIF value being above the upper limit of 10 suggest that there is severe multicollinearity
The VIF Equation:
The VIF value is below the upper limit of 10 (1.353 < 10) therefore it reveals that Wfood is not strongly correlated with the other independent variables and there is no multicollinearity.
ACC – A pioneer in the Indian cement industry Associated Cement Companies Ltd. (ACC) came into existence in 1936, after the merger of 10 companies belonging to four important bus
Dear Experts, Please note that I''m doing a PhD in Business management under the title: Technology transfer and competitive advantage in Qatar oil and gas companies. It is a quant
MEANING ,IMPORTANCE AND RELEAVANCE OF SCATTER DIAGRAM
Human capital model : The model for evaluating the economic implication of the disease in terms of the economic loss of a person succumbing to morbidity or the mortality at some pa
The Null Hypothesis - H0: β0 = 0, H0: β 1 = 0, H0: β 2 = 0, Β i = 0 The Alternative Hypothesis - H1: β0 ≠ 0, H0: β 1 ≠ 0, H0: β 2 ≠ 0, Β i ≠ 0 i =0, 1, 2, 3
Causality: The relating of the reasons to the effects they produce. Several investigations in medicine seek to establish the causal relations between the events, for instance, whi
Build-Rite construction has received favorable publicity from guest appearances on a public TV home improvement program. Public TV programming decisions seem to be unpredictable, s
It is an informal method of assessing the effect of the publication bias, generally in the context of the meta-analysis. The effect measures from each of the reported study are plo
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Generalized poisson distribution: The probability distribution can be defined as follows: The distribution corresponds to the situation in which the values of the rand
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