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How can you detect multicollinearity

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Reference no: EM131727066

Question: 1. Extrapolation. Why is it dangerous to predict y for values of independent variables that fall outside the experimental region?

2. Multicollinearity.

(a) Discuss the problems that result when multicollinearity is present in a regression analysis.

(b) How can you detect multicollinearity?

(c) What remedial measures are available when multicollinearity is detected?

Reference no: EM131727066

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