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What Is Variance Inflation Factor (VIF) in Regression? Meaning, Formula, and How to Fix Multicollinearity
In the world of statistics and data modeling, ensuring the accuracy and clarity of your results is essential. When working with multiple predictors in a regression model, one common issue that can distort your outcomes is multicollinearity. To address this, analysts rely on a helpful tool called the Variance Inflation Factor, or VIF. What Is…