What is one of the most important impacts of VIF on a Regression model, because of which it is recommended to do away wi

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answerhappygod
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What is one of the most important impacts of VIF on a Regression model, because of which it is recommended to do away wi

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What is one of the most important impacts of VIF on a Regression model, because of which it is recommended to do away with Variables having high VIF?

Standard errors of coefficients go high
Statistical accuracy goes down
Variance of the Regression model increases
Regression model is unstable
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