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Mix the predictors linearly by addition or conduct partial least squares regression and/or element analysis with variables which have been highly correlated.
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Parameter vs. statistic: a parameter is just a quantity which provides us details about the Bonuses populace of objects that we're finding out, and it can not be calculated from the sample; they can be often called an estimator when speaking about populations given that they give us a guess or an approximation of what would come about if we have been to try and do the experiment on your entire populace.
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