Identifies multicollinearity using
Pearson's coefficient and suggests the variable
with the highest VIF score out of the correlated pair
for elimination.
Calculates Pearson correlation coefficients for all numeric variables.
Rounds the outcome to desired decimals. Outputs a matrix or a dataframe
(longer matrix)
Returns a list containing a tibble that includes Variance Inflation Factor (VIF) score and
a bar chart for the VIF scores alongside the specified threshold for each explanatory variable
in a linear regression model.