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(a) what multicollinearity is, (b) what problems can it give rise to, (c) how is it diagnosed, and (d) what are possible solutions to ameliorate

(a) what multicollinearity is,

(b) what problems can it give rise to, 

(c) how is it diagnosed, and 

(d) what are possible solutions to ameliorate it?

Briefly, in 4 to 8 sentences max explain



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