Collinearity and Least Squares Regression
G. W. Stewart
Abstract
Open-access reader
G. W. Stewart
Abstract
Open-access reader
In this paper we introduce certain numbers, called collinearity indices, which are useful in detecting near collinearities in regression problems. The coefficients enter adversely into formulas concerning significance testing and the effects of errors in the regression variables. Thus they provide simple regression diagnostics, suitable for incorporation in regression packages.
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In this paper we introduce certain numbers, called collinearity indices, which are useful in detecting near collinearities in regression problems. The coefficients enter adversely into formulas concerning significance testing and the effects of errors in the regression variables. Thus they provide simple regression diagnostics, suitable for incorporation in regression packages.
Key concepts: Collinearity, Simple linear regression, Statistics, Regression diagnostic, Regression, Regression analysis, Segmented regression, Local regression