Multicollinearity Causes Consequences and Solutions
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This video discusses the concept of Multicollinearity, its meaning, causes, consequences and solutions. We discuss how multicollinearity can occur in econometric models and the difference between Perfect and Imperfect Multicollinearity. • Quizzes and R Codes: https://spureconomics.com/course/hete... • Read more: https://spureconomics.com/multicollin... • Website: https://spureconomics.com/ • Blog: https://spureconomics.com/blog-page/ • Econometrics tutorials series: https://spureconomics.com/courses/ • Detection and Solutions: https://spureconomics.com/multicollin...
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