Collinearity among independent variables in multiple linear regression can have severe effects on the precision of response estimation for some region of interest of independent variables.

Strategic Management Journal, Vol. 39, No. 8 (AUGUST 2018), pp. 2362-2385 (24 pages) Research summary: In multivariate regression analyses of correlated variables, we sometimes observe pairs of ...

Linear regression remains a cornerstone of statistical analysis, offering a framework for modelling relationships between a dependent variable and one or more independent predictors. Over the past ...