#collinear data

Multicollinearity in Linear Regression Models

Multicollinearity in Linear Regression Models

The objective of multiple regression analysis is to approximate the relationship of individual parameters of a dependency, but not of interdependency. It is assumed that the dependent variable $y$ and regressors $X$’s are linearly related to each other (Graybill, 1980; Johnston, 1963 and Malinvaud, 1968). Therefore, inferences depicted from any…