Consider the following set of dependent and independent variables. These data can also be found in the
Question:
Consider the following set of dependent and independent variables. These data can also be found in the Excel file Prob 1541.xlsx.
Using PHStat, check for the presence of multicollinearity. If multicollinearity is present, take the necessary steps to eliminate it.
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y 10 15 15 20 24 27 32 26 39 1 5 5 9 7 16 20 39 21 x,16 10 13 10 28 74 8 5 3 7 15 9 12 18 17 23 20 27 30 1 2
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