Cost of Living 2013, revisited. For the first model considered in Exercise 27, with all four predictors
Question:
a) By examining the values of their predictor variables find out why these two cities might be such high leverage points.
b) Why doesnt Hong Kong show up as an influential point in the diagnostics of the 3 predictor model?
Transcribed Image Text:
co 1501 100 50 0.00 0.05 0.0.150.20 Leverage
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Related Book For
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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