Question: For the following multiple linear regression model: and h(jj) denotes the (j,j) the element of H. Q: A high h(jj) indicates high leverage. Why? Please
For the following multiple linear regression model:

and h(jj) denotes the (j,j) the element of H.
Q: A high h(jj) indicates high leverage. Why? Please explain
Y = Bo + BXi1 +..kXik + i, i = 1,..., n,
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