The Collinearity Diagnostics indicate that multicollinearity is not a significant concern, as all Condition Indices are well below the threshold of 30, with the ...
The Collinearity Diagnostics indicate that multicollinearity is not a significant concern, as all Condition Indices are well below the threshold of 30, with the highest being 12.756. Furthermore, the Scatterplot of standardized residuals against predicted values shows a random distribution of points, suggesting that the assumptions of homoscedasticity and linearity have been met. Finally, the Residuals Statistics confirm a well-behaved model, with a mean residual of $0.00 and a relatively balanced range of standardized residuals, though the maximum value of 4.014 suggests a few potential outliers may be present in the data.