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What is Multicollinearity?
A linear relationship between two explanatory variables is known as collinearity. These variables can be said to be collinear if there exists an exact linear relationship between both of them. ...
Starbucks unveils its Web3 initiative, incorporates NFTs into business operations
At the Investor Day event scheduled to hold later this month, Starbucks will showcase its web3 campaign, which incorporates NFTs with a coffee theme. The business revealed plans to explore ...
Pan-Africa startup building Africa's Carta Raise gets backing from 500 startups
Raise, a startup building Africa's Carta which is dedicated to seeing African startups expand their cap tables, grow and raise more money, is tackling the challenges of complications associated with i...
Additional 873,000 Americans filed for unemployment claims last week
More Americans continue to file for unemployment benefits amid the economy’s slow recovery. Last week, an additional 837,000 Americans filed for first-time unemployment benefits on a seasonall...
The Bursting Asset Bubbles
The recent implosion of the global equity markets - from Hong Kong to New York - engendered yet another round of the semipternal debate: should central banks contemplate abrupt adjustments in the pric...