I know that y depends linearly on x, but I am not sure whether or not it
Fantastic news! We've Found the answer you've been seeking!
Question:
I know that y depends linearly on x, but I am not sure whether or not it also depends on another variable z. A friend suggests that I should regress y on x first, calculate the residuals, and then see whether they are correlated with z. What advice would you offer your friend?
Related Book For
Effective small business management An Entrepreneurial Approach
ISBN: 978-0132157469
10th Edition
Authors: Norman M. Scarborough
Posted Date: