Multicollinearity: Problem, or Not?

A brief guide on multicollinearity and how it affects multiple regression models.

You may have vague recollections from your university statistics courses that multicollinearity is a problem for multiple regression models. But just how problematic is multicollinearity? Well, like many topics in statistics, the answer isn’t entirely straightforward and depends on what you’re wanting to do with your model.

In this post, I’ll step through some of the challenges that multicollinearity presents in …

data science math multicollinearity multivariate-regression statistics