Question: Consider the following data for two variables, x and y. xi 4 5 7 8 10 12 12 22 yi 12 14 16 15 18

Consider the following data for two variables, x and y.

xi457810121222
yi1214161518202419

Enter negative values as negative numbers.

Compute the standardized residuals for these data (to 2 decimals).

Observation 1 -1.00
Observation 2 -0.40
Observation 3. 0.01
Observation 4. -0.48
Observation 5. 0.25
Observation 6. 0.65
Observation 7. 2.00

Observation 8 -2.16

Compute the leverage values for these data (to 2 decimals).

Observation 10.28
Observation 20.24
Observation 30.16
Observation 40.14
Observation 50.13
Observation 60.14
Observation 70.14

Observation 8. 0.76

Do there appear to be any influential observations in these data? 8

Does the scatter diagram indicate any influential observations? Explain.

If the leverage for an observation is greater , it is considered to have high leverage. Need Answer for this Question

Thus, we would conclude that observation 8 is an influential observation.

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