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Concept: It Is An Assumption of CLRM. It Says That The Independent Variables Are Linearly Related To Each Other

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Concept: It Is An Assumption of CLRM. It Says That The Independent Variables Are Linearly Related To Each Other

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Concept

It is an assumption of CLRM. It says that the independent variables are linearly related to each other.

Sources of Multicollinearity
Why MC needs to be corrected for?
Explain ways to solve it

1) Detect
2) Remedy
This is again an assumption of CLRM.
*Interpretation is explained in separate document

Remaining *

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