S4E19 The Dark Art of Regression Diagnostics
Quantitude
Do You Have Perfect Multicolenearity?
"I am going to throw out an assumption and that is that we don't have perfect multicolenearity among our predictors," he says. "Once that happens, the whole house of cards collapses mathematically and you can't do anything." The first cluster are formal inferential statistical tests,. The second cluster are graphics. And the third, and in my own personal love of this stuff is his favorite: regression diagnostic measures.
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