Variance inflation factor, Advanced Statistics

Assignment Help:

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:

532_Variance Inflation Factor.png

 

 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.


Related Discussions:- Variance inflation factor

Case Study, ACC – A pioneer in the Indian cement industry Associated Cemen...

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

Sampling issue, Dear Experts, Please note that I''m doing a PhD in Busines...

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

SCATTER DIAGRAM, MEANING ,IMPORTANCE AND RELEAVANCE OF SCATTER DIAGRAM

MEANING ,IMPORTANCE AND RELEAVANCE OF SCATTER DIAGRAM

Describe human capital model, Human capital model : The model for evaluatin...

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

Alternative hypothesis, The Null Hypothesis - H0: β0 = 0, H0: β 1 = 0, H...

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, Causality: The relating of the reasons to the effects they prod...

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

Decision Analysis, Build-Rite construction has received favorable publicity...

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

Funnel plot, It is an informal method of assessing the effect of the public...

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

Assignment, i need help for my assignment and the deadline is Friday

i need help for my assignment and the deadline is Friday

Explain Generalized poisson distribution, Generalized poisson distribution:...

Generalized poisson distribution: The probability distribution can be defined as follows:   The distribution corresponds to the situation in which the values of the rand

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd