A useful technique in controlling multicollinearity involves the use of _________.
A)variance inflation factors
B)a backward elimination procedure
C)a forward elimination procedure
D)a forward selection procedure
E)all possible regressions

Question

Quizplus · Accepted Answer

Variance Inflation Factors (VIFs) are used to measure the amount of multicollinearity in a set of multiple regression variables, making them a useful technique for controlling multicollinearity.

A Useful Technique in Controlling Multicollinearity Involves the Use of _________