Lesson 10: Multicollinearity
February 23, 2017
Thu, Feb 23
Review:
- Multiple Regression
Presentation:
- Issues in Multiple Regression
- Multicollinearity
- multiple variables
- correlation among independent (x) variables
- and, correlation with dependent (y) variable
- correlation is consistently positive or negative
- Interaction Variables
- Demonstrate using the Pueblo Sample RE Sales Data
- Create a new multiple regression model with an interaction variable
- Mitigate multicollinearity
- Multicollinearity
Activity:
- Use the East Pueblo RE Sales 2014-2016 (Sheets)
- Create a new multiple regression model with an interaction variable
- Mitigate multicollinearity