Eigenvalues and the condition index: diagnosing multicollinearity (Excel)

Описание к видео Eigenvalues and the condition index: diagnosing multicollinearity (Excel)

How might one detect multicollinearity in a regression model? One of the most informative ways of looking at the multicollinearity structure and severity is to calculate the eigenvalues and the condition index of the correlation matrix between explanatory variables. However, this can be computationally challenging. Today, we are tackling eigenvalue calculation and its interpretation for multicollinearity and regression model quality in Excel.

Don't forget to subscribe to NEDL and give this video a thumbs up for more videos in Econometrics!

Please consider supporting NEDL on Patreon:   / nedleducation  

Комментарии

Информация по комментариям в разработке

Похожие видео