Question: Graph the variance ellipse $V_hat{beta}$ for the two cases discussed in Example 9.2. Interpret the differences in terms of the effects of increasing multicollinearity on

Graph the variance ellipse $V_\hat{\beta}$ for the two cases discussed in Example 9.2. Interpret the differences in terms of the effects of increasing multicollinearity on the conditional sampling variance of $\hat{\beta}$. (Hint: Review Figure 8.4.)

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