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

Define informed consent, Informed consent: The consent needed from each po...

Informed consent: The consent needed from each potential participant former to random assignment in the clinical trial as speci?ed in the year 1996 version of Helsinki declaration

Bayes factor, Bayes factor : A summary of evidence for the modelM1 against ...

Bayes factor : A summary of evidence for the modelM1 against the another modelM0 provided by the set of data D, which can be used in the model selection. Given by the ratio of post

Combine standard deviation, what is the combine standard deviation height f...

what is the combine standard deviation height from the follwing

Conditional probability, Conditional probability : The probability that an ...

Conditional probability : The probability that an event occurs given the outcome of other event. Generally written, Pr(A|B). For instance, the probability of a person being color b

Decision tree, The graphic representation of the alternatives in a decision...

The graphic representation of the alternatives in a decision making problem which summarizes all the possibilities foreseen by the decision maker. For instance, suppose we are give

Bimodal distribution, Bimodal distribution : The probability distribution, ...

Bimodal distribution : The probability distribution, or we can simply say the frequency distribution, with two modes. Figure 15 shows the example of each of them

Reasons for screening data, Reasons for screening data     Garbage i...

Reasons for screening data     Garbage in-garbage out     Missing data          a. Amount of missing data is less crucial than the pattern of it. If randomly

L''abbe ´ plot, L'Abbe ´ plot is often used in the meta-analysis of the cl...

L'Abbe ´ plot is often used in the meta-analysis of the clinical trials where the result is the binary response of it. The event risk (number of events/number of the patients in a

Factorial designs, Designs which permits two or more questions to be addres...

Designs which permits two or more questions to be addressed in the investigation. The easiest factorial design is one in which each of the two treatments or interventions are p

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