Question: A popular magazine annually publishes rankings of both U S business
A popular magazine annually publishes rankings of both U.S. business programs and international business programs. The latest issue claims to have developed a linear model predicting the school’s ranking (with “1” being the highest ranked school) from its financial re-sources (as measured by size of the school’s endowment). Describe how you would apply each of the four regression conditions in this context.
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