• Entry
  • Reader's guide
  • Entries A-Z
  • Subject index

Tolerance

Tolerance is a measure that aids in assessing the degree of MULTICOLLINEARITY in a REGRESSION model. It indicates the amount of variation in an INDEPENDENT VARIABLEnot statistically accounted for by the other independent variables in the model. If Tolerance = 1.0, then the ...

    • Loading...
    locked icon

    Sign in to access this content

    Get a 30 day FREE TRIAL

    • Watch videos from a variety of sources bringing classroom topics to life
    • Read modern, diverse business cases
    • Explore hundreds of books and reference titles