Question: (e) Using the following residual plot from Excel, write a critique on the fitted linear regression model. [3 marks] Residual Plot 8000 6000 4000 2000
(e) Using the following residual plot from Excel, write a critique on the fitted linear regression model. [3 marks] Residual Plot 8000 6000 4000 2000 Residual -2000 -4000 -6000 -8000 -10000 - 12000 Dec98 Mayop Sep01 Octos Mar07 Julos Jan 03 Jun 04 Quarters
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
