Why is Multicollinearity a Problem in Nanotechnology?
In Nanotechnology, models often involve numerous variables, such as the properties of nanomaterials, environmental conditions, and experimental parameters. High multicollinearity can inflate the variance of the coefficient estimates, making them sensitive to changes in the model and reducing the model's predictive power. This can be particularly problematic in research areas like nanomedicine or nanoelectronics, where precision is paramount.