There is severe multicollinearity, which variable should we drop? And why??? This is for revision.

MATLAB: An Introduction with Applications
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There is severe multicollinearity, which variable should we drop? And why??? This is for revision.
Variance Inflation Factors
Date: 11/27/21 Time: 23:24
Sample: 1973 1998
Included observations: 26
Coefficient
Uncentered
Centered
Variable
Variance
VIF
VIF
3.37E+08
5.764515
NA
X1
0.081335
458.2029
164.6002
X2
2.751412
460.0499
189.9413
X3
11.59506
865.8420
440.3385
Х4
4.497165
168.7699
69.97546
X5
2.421020
941.6922
431.8731
X6
1.578440
242.6026
136.9350
Transcribed Image Text:Variance Inflation Factors Date: 11/27/21 Time: 23:24 Sample: 1973 1998 Included observations: 26 Coefficient Uncentered Centered Variable Variance VIF VIF 3.37E+08 5.764515 NA X1 0.081335 458.2029 164.6002 X2 2.751412 460.0499 189.9413 X3 11.59506 865.8420 440.3385 Х4 4.497165 168.7699 69.97546 X5 2.421020 941.6922 431.8731 X6 1.578440 242.6026 136.9350
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