Lesson 10: Multicollinearity

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February 23, 2017 at 10:00 am  •  Posted in s17-busad360 by  •  0 Comments

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

Activity:

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