Question 2Explain briefly how the VIF of a regressor is related tothe variance of estimated effect for that regressor. That is, explain how VIF(x;) isrelated to the variance of 3;. Explain briefly why this shows that multicollinearity isproblematic.

The Variance Inflation Factor (VIF) is a measure used in regression analysis to quantify the extent…

Answered: Question 2 Explain briefly how the VIF…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Two coworkers commute from the same building. They are interested in whether or not there is any variation in the time it takes them to drive to work. They each record their times for 20 commutes. The first worker's times have a variance of 12.2. The second worker's times have a variance of 16.9. The first worker thinks that he is more consistent with his commute times and that his commute time is shorter. Test the claim at the 10% level.What is the F statistic? (Round your answer to two decimal places.)
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A set of solar batteries is used in a research satellite. The satellite can run on only one battery, but it runs best if more than one battery is used. The variance o of lifetimes of these batteries affects the useful lifetime of the satellite before it goes dead. If the variance is too small, all the batteries will tend to die at once. Why? If the variance is too large, the batteries are simply not dependable. Why? Engineers have determined that a variance of o2 23 months (squared) is most desirable for these batteries. A random sample of 30 batteries gave a sample variance of 15.4 months (squared). Using a 0.05 level of significance, test the claim that o? = 23 against the claim that o is different from 23. (f) Find a 90% confidence interval for the population variance. (Round your answers to two decimal places.) lower limit upper limit (g) Find a 90% confidence interval for the population standard deviation. (Round your answers to two decimal places.) lower limit months upper limit…
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Question 2 Explain briefly how the VIF of a regressor is related to the variance of estimated effect for that regressor. That is, explain how VIF(x;) is related to the variance of 3₁. Explain briefly why this shows that multicollinearity is problematic.