Question: Comment on the following figures. Based on these two plots, which model assumptions appear violated and which ones appear satisfied? Explain. Residual - 1 0

Comment on the following figures. Based on these two plots, which model assumptions appear violated and which ones appear satisfied? Explain.
Residual
-1000100
30
400
600
800
Monthly Income
1000
: Residual vs. Monthly Income
1200
Normal Q-Q Plot
Sample Quantiles
-1000100
00000000000000000000
30
-2
-1
1
2
Theoretical Quantiles
: Normal Probability Plot

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