Multicollinearity is defined as:

Group of answer choices

A statistical property where two or more predictor variables are highly correlated.

A statistical property where two or more predictor variables are NOT highly correlated with each other but ARE correlated with the response variable.

A statistical property where two or more predictor variables require several non-linear transformations before inclusion in a predictive model.

A statistical property where two or more predictor variables are NOT highly correlated with each other but ARE correlated with the response, but only in a negative and non-linear fashion.