For the movies examined in Exercise 4, here is a scatter plot of US Gross vs. Budget:

Question:

What (if anything) does this scatter plot tell us about the following Assumptions and Conditions for the regression?
a) Linearity condition
b) Equal Spread condition
c) Normality assumption

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Stats Data and Models

ISBN: 978-0321986498

4th edition

Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock

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Question Posted: Jan 20, 2016 06:27 AM

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For the movies examined in Exercise 4, here is a scatter plot of US Gross vs. Budget:

Question:

300 200 50 100 150 200 Budget (SM)

Step by Step Answer:

a Linearity The plot is reasonably linear with no bends b ...View the full answer

Stats Data and Models

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