A Study on Influence of Predictor Multicollinearity on Performance of the Stepwise Regression Prediction Equation

The prediction accuracy of the traditional stepwise regression prediction equation (SRPE) is affected by the multicollinearity among its predictors.This paper introduces the condition number analysis into the prediction modeling to minimize the multicollinearity in the SRPE.In the condition number prediction modeling,the condition number is used to select the combination of predictors with the lowest multicollinearity from the possible combinations of a number of candidate predictors (variables),and the sel...