How regressors are highly multicollinear in a data set
Problem: Two regressors, X1 and X2, are highly multicollinear in a particular set of data. Describe one reason why we might drop X2 and one reason to keep X2 in the equation
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Two regressors, X1 and X2, are highly multicollinear in a particular set of data. Describe one reason why we might drop X2 and one reason to keep X2
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