Question: In Problem 14.8 on page 549, you used the land area of the property and age in years to predict fair market value (stored in
In Problem 14.8 on page 549, you used the land area of the property and age in years to predict fair market value (stored in GlenCove). Perform an influence analysis on your results and determine whether any observations should be deleted from the analysis. If necessary, reanalyze the regression model after deleting these observations and compare your results?
Step by Step Solution
★★★★★
3.35 Rating (176 Votes )
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Observations 12 h i 07027 is influential as it has h i 2 k 1 n 2 2 1 30 02 Ob... View full answer
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
Document Format (1 attachment)
1141-M-S-S-D(4543).docx
120 KBs Word File
