About this document
Heteroscedasticity and Multicollinearity Analysis by Josh Thomas is a document available to read on EtoBox.
- A regression model of factors affecting miles per gallon (MPG) found horsepower, top speed, and weight of cars were significant predictors, with higher values decreasing MPG as expected. The model explained 88% of MPG variation. - The model suffered from heteroscedasticity, with residuals increasing with predictor values. Various transformations did not resolve this. - A model of US car sales found price indexes and personal income significantly predicted sales, but some variable signs were unexpected a
- Author
- Josh Thomas
- Language
- EN