Learn how to use correlation coefficients to detect multicollinearity among attributes within a dataset and improve your data analysis accuracy.
Table of Contents
Question
Which of the following would be the BEST way to identify multicollinear attributes in a data set?
A. Correlation coefficient
B. Chi-squared test
C. Two-sample t-test
D. Two-way ANOVA
Answer
A. Correlation coefficient
Explanation
This statistical measure assesses the linear relationship’s strength and direction between two variables. High correlation coefficients between independent variables indicate potential multicollinearity.
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