Compare and interpret the eigenvalues and condition indices of the correlation matrix of the native and centered independent variables in the regression model analyzed in Problem 5.7. Problem 5.7 Here...

Compare and interpret the eigenvalues and condition indices of the correlation matrix of the native and centered independent variables in the regression model analyzed in Problem 5.7.

Problem 5.7

Here are the eigenvalues of a correlation matrix of a set of independent variables: λ1 = 4.231, λ2 = 1.279, λ3 = .395, λ4 = .084, λ5 = .009, and λ6 = .002. A. How many independent variables are there? B. Calculate the condition index of this matrix. C. Is there a problem with multicollinearity?