[Openspace] condition number (multicollinearity)

[John Heppen]

A number less than 20 is ok. You maybe have to be a little more careful 
in your interpretation and state the potential for interference from 
multi-collinearity.


German Muchnik Izon wrote:
> Hi,
>
> When I run an OLS regression in GeoDa I get a condition number of 
> around 18. Is this acceptable in the empirical literature? I know that 
> if it is 30 or above means that there is a serious multicollinearity 
> problem but I want to make sure that a value of around 18 is acceptable.
>
> Thank you!
>
> German.
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-- 
John Heppen
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