5. Detecting Multicollinearity in Regression using VIF
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5. Detecting Multicollinearity in Regression using VIF
With multiple linear regression, the basic assumption of OLS regarding multicollinearity comes into play. The lecture covers checking for collinearity/correlations between independent variables using VIF or Variance Inflation Factor. The video explains the derivation and interpretation of VIF with rule of hand for cut-offs to exclude correlated ...
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