NEED FULLY CORRECT HANDWRITTEN SOLUTION FOR THIS....ASAP!!!! Consider the following set of dependent and independent variables. Using technology, check for the presence of multicollinearity. If multicollinearity is present, take thenecessary steps to eliminate it4120232816y81013161933244.1120391610131028851512181723202729X3Soloct the corrct choice and, if necessary, fill in the answer boxes to complete your choice.(Type integers or decimals. Round to one decimal place as needed.)OA. Eliminate the variable x, which has a VIF ofNo more variables need to be eliminated.O B. Eliminate the variable x, which has a VIF ofThen, eliminate the variable xwhich has a VIF ofO C. No variables need to be eliminated.

The variance inflation factor(VIF) measures the multicollinearity between the independent variables…

Answered: Consider the following set of dependent…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.1: Measures Of Center

Problem 27PFA

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Consider the following set of dependent and independent variables. Using technology, check 1or ihe presen necessary steps to eliminate it. 33 20 24 39 8. 10 13 16 19 23 28 41 11 16 20 16 10 13 10 8. 7 4. 8. 15 6. 12 18 17 23 20 27 29