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Multicollinearity Is Said to Be Present in a Regression Problem

question 11

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Multicollinearity is said to be present in a regression problem if the criterion variables are independent.


Definitions:

Statistically Significant

A term indicating that the likelihood a result happened by chance is low, often used in research to confirm the reliability of findings.

Variability

The degree to which data points in a statistical distribution or set diverge from the average value and from each other.

Samples

Selected groups or portions of a population used in research to draw conclusions about the overall population based on their characteristics or responses.

Standard Deviation

A statistical measure that quantifies the variation or dispersion of a set of data points relative to its mean.

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