Question: Derive an equation for the maximum number of leverage points possible in a dataset of size n. Assume that there is only one explanatory variable
Derive an equation for the maximum number of leverage points possible in a dataset of size n. Assume that there is only one explanatory variable (not multiple as in MLR).
Hints:
You may use floor/ceiling notation if needed: or
Don't assume that the data were generated according to any of our commonly used assumptions (Gauss-Markov conditions, etc).
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