4.3. Suggest a reasonable value for the biasing constant c based on the VIF values and R² using the following table. Motivate your suggestion. Also give the fitted model. с b b bR (VIF₂) (VIF₂) (VIF3) 0.01 0.51 0.32 0.16 10 10.5 2 0.02 0.50 0.33 0.16 9 8 1.9 0.04 0.52 0.33 0.15 8 7 1.7 0.05 0.57 0.34 0.15 5 4 1.3 0.06 0.55 0.352 0.145 2 2.5 1.01 0.07 0.545 0.352 0.145 1.1 1.05 0.98

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4.3. Suggest a reasonable value for the biasing constant c based on the VIF values and R² using the
following table. Motivate your suggestion. Also give the fitted model.
с
b
b
bR
(VIF₂)
(VIF₂)
(VIF3)
R²
0.01
0.51
0.32
0.16
10
10.5
2
0.81
0.02
0.50
0.33
0.16
9
8
1.9
0.805
0.04
0.52
0.33
0.15
8
7
1.7
0.8
0.05
0.57
0.34
0.15
5
4
1.3
0.80
0.06
0.55
0.352
0.145
2
2.5
1.01
0.795
0.07
0.545
0.352
0.145
1.1
1.05
0.98
0.8
Transcribed Image Text:4.3. Suggest a reasonable value for the biasing constant c based on the VIF values and R² using the following table. Motivate your suggestion. Also give the fitted model. с b b bR (VIF₂) (VIF₂) (VIF3) R² 0.01 0.51 0.32 0.16 10 10.5 2 0.81 0.02 0.50 0.33 0.16 9 8 1.9 0.805 0.04 0.52 0.33 0.15 8 7 1.7 0.8 0.05 0.57 0.34 0.15 5 4 1.3 0.80 0.06 0.55 0.352 0.145 2 2.5 1.01 0.795 0.07 0.545 0.352 0.145 1.1 1.05 0.98 0.8
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