Question
span >VIF test is done for which of the following?
Solution
VIF (Variance Inflation Factor) test quantifies the severity of multicollinearity in an ordinary least squares regression analysis. It provides an index that measures how much the variance (the square of the estimate's standard deviation) of an estimated regression coefficient is increased because of collinearity.
More Research Questions
- Mahalanobis model is –
- The two regression lines are 12X+8Y=104 and 24X+12Y=124. Find the correlation coefficient.
- A 'Credit Rating Agency' like CRISIL or ICRA primarily assesses:
- Non-spherical errors are related to
- In the context of lexicographic utility functions, which of the following scenarios is impossible?
- Under a fixed exchange rate system (A)_________ would be an exogenous monetary policy instrument, whereas under a flexible exchange rate system (B) _______...
- If the regression coefficients of x on y and y on x are -1/4 and -1/9 respectively, then what is the correlation coefficient between x and y?
- Question 8
- If the marginal product function of quibs is positive from 0 to 25 units of quibs, and 0 for 25 units of quibs and above, the total product function of qui...
- If the Gross Domestic Product (GDP) at market prices is $1,000 billion, the indirect taxes are $200 billion, and subsidies are $50 billion, what is the Gro...
