Which of the following measures is used to check for collinearity when building a multiple regression model?
A) Cook's Distance
B) Variance Inflation Factor
C) Determination Coefficient
D) Standardized Residual
E) Leverage Index

Question

Quizplus · Accepted Answer

The Variance Inflation Factor (VIF) is specifically used to identify the presence of multicollinearity among the independent variables in a regression model. It quantifies how much the variance of an estimated regression coefficient increases if your predictors are correlated.

Which of the Following Measures Is Used to Check for Collinearity