Consider the following set of dependent and independent variables. Using technology, check for the presence of multicollinearity. If multicollinearity is present, take the necessary steps to eliminate...

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Extracted text: Consider the following set of dependent and independent variables. Using technology, check for the presence of multicollinearity. If multicollinearity is present, take the necessary steps to eliminate it 41 20 23 28 16 y 8 10 13 16 19 33 24 4. 11 20 39 16 10 13 10 2 8 8 5 15 12 18 17 23 20 27 29 X3 Soloct the corrct choice and, if necessary, fill in the answer boxes to complete your choice. (Type integers or decimals. Round to one decimal place as needed.) OA. Eliminate the variable x, which has a VIF of No more variables need to be eliminated. O B. Eliminate the variable x, which has a VIF of Then, eliminate the variable x which has a VIF of O C. No variables need to be eliminated.