In a regression analysis, 12 out of 30 residuals are greater than 1.00 in value, and the
Question:
In a regression analysis, 12 out of 30 residuals are greater than 1.00 in value, and the rest are not. With A denoting a residual greater than 1 and B a residual less than 1, the residuals are as follows:
B B B B B B B B B A A A A A A A A A A B B B B B B B B B A A
Do you believe that the regression errors are random? Explain.
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Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
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