Detecting multicollinearity from standard error?
Posted: Sat Aug 09, 2014 10:20 pm
Hello all,
A question I wanted to ask is that how do you determine if a regression equation exhibits multicollinearity from the standard errors displayed? I'm inclined to say this regression is multicollinear because of the high R^2, but I don't know how to reach this conclusion using the standard error?
The question is seen below from a previous year's past examination paper.
Thank you in advance,
Leon
A question I wanted to ask is that how do you determine if a regression equation exhibits multicollinearity from the standard errors displayed? I'm inclined to say this regression is multicollinear because of the high R^2, but I don't know how to reach this conclusion using the standard error?
The question is seen below from a previous year's past examination paper.
Thank you in advance,
Leon