Question: 7. (pts) Circle those phrases below that make the statement True. Plotting of residuals cannot be used to determine if : a. a relevant independent

 7. (pts) Circle those phrases below that make the statement True.

7. (pts) Circle those phrases below that make the statement True. Plotting of residuals cannot be used to determine if : a. a relevant independent variable has been left out of the regression. b. a quadratic rather than a linear relationship would be more appropriate. c. outliers can be identified in the data. d. the residual sum of squares has been minimized. 8. (5 pts) Given the following H (hat ) matrix with diagonal elements . . 34 where hi. she for ity - 45 . 24 . 49 How many observations were included in the analysis. Explain your c

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!