Perfect and imperfect multicollinearitya define perfect, Ask an Expert

Economics

Perfect and imperfect multicollinearity:

a) Define perfect multicollinearity either mathematically or explain it intuitively.

b) Explain how imperfect multicollinearity differs from perfect multicollinearity (you may, but don’t have to, use examples).

c) If you are running a regression where you discover that there is perfect multicollinearity between some of the independent variables, how do you address it?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91404612

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