I see eigenvalues and eigenvectors talked about a lot in relation to a coefficient matrix (in regression and time series models). What is the significance of eigenvalues and eigenvectors in this context and what do they tell you?
Thanks!
I see eigenvalues and eigenvectors talked about a lot in relation to a coefficient matrix (in regression and time series models). What is the significance of eigenvalues and eigenvectors in this context and what do they tell you?
Thanks!
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