Tell if each statement is true or false for a
Tell if each statement is true or false for a simple regression. If false, explain.
a. If the standard error is syx = 3,207, then a residual ei = 4,327 would be an outlier.
b. In a regression with n = 50, then a leverage statistic hi = .10 indicates unusual leverage.
c. A decimal change is often used to improve data conditioning.
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