If one variable is correlated to other 73% or between (70% to 75%) does it should be considered as multicollinearity and shall I exclude one of the variable from linear regression model ? I will be very thankful if you also provide justification of your answer.
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Related // Why drop any variables at all? – Dave Dec 18 '22 at 13:13
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1Comments: Such recipes for dropping variables are crude at best, silly at worst. There are many other things to consider. Also, correlation is not a %. – BigBendRegion Dec 18 '22 at 13:28