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7.1 Multicollinearity Intro
GS
by
Gabriel Smithline
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Updated May 11, 2021
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Chapter 1
Audio Transcript
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00:00 - 00:01
now we're going to address the issue of multi culinary
00:02 - 00:05
that was ever so present in all of our models.
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So really what is multi culinary?
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Well, in this, in our models, multi Kalinin parity is
00:11 - 00:14
one. One or more of our predictors are actually correlated
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with each other.
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And so why is this really an issue here?
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Well, multi colonia garrity might not affect the performance of
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the model.
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It makes it very hard to interpret our coefficients and
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it really reduces the power of our model to identify
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independent variables that are statistically significant.
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And you know, we saw that in real time with
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all our models, we had a lot of statistically insignificant
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variables. So multi we expect a multi Kalinin charity really
00:43 - 00:46
in this data set and it's really no surprise that
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we saw it with such a complicated issue like eviction
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reads. And really this multi Kalinin charity is indicative of
00:53 - 00:54
greater issues which are going to discuss further.
00:56 - 00:56
Uh huh
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