One of the conditions for a variable to be an Independent variable is that it has to be independent of other variables. Lets see what Multicollinearity is and why we should be worried about it. Our goal in regression is to find out which of the independent variables can be used to predict dependent variable.Independent variable is the one that is used to predict the dependent variable.Dependent variable is the one that we want to predict.Check this post to find an explanation of Multiple Linear Regression and dependent/independent variables. One of the important aspect that we have to take care of while regression is Multicollinearity. This post will answer questions like What is multicollinearity ?, What are the problems that arise out of Multicollinearity? When do I have to fix Multicollinearity?
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