Question: Use Queens data and the results from Problems 3 and 5 for the following: (a) Compute and interpret R2. (b) Plot the residuals against square

Use Queens data and the results from Problems 3 and 5 for the following:
(a) Compute and interpret R2.
(b) Plot the residuals against square footage.
(c) For the graph obtained in part (b), is a linear model appropriate?
(d) Are there any outliers or influential observations?

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a From Problem 2b the correlation coefficient for the Queens apartments is r 090928694 unrounded The... View full answer

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