Multicollinearity exists in multiple regressions when two or more independent variables are highly correlated with each other.

Question

Quizplus · Accepted Answer

In multiple regression, multicollinearity occurs when two or more independent variables have a high correlation with each other. This means that the independent variables are not independent and may lead to unreliable coefficient estimates and invalid inference.

Multicollinearity Exists in Multiple Regressions When Two or More Independent