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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Related Book For
Stats Data and Models
ISBN: 978-0321986498
4th edition
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
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