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What is the meaning of the term "multicollinearity? Why is it important in assessing the strength...

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Basic Math

What is the meaning of the term "multicollinearity? Why is itimportant in assessing the strength of a multiple regressionmodel?

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Multicollinearity occurs when independent variables in a regression model are correlated This correlation is a problem because independent variables should be independent If the degree of correlation between variables is high enough    See Answer
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