Heres a scatterplot of the % of income spent on food versus household income for respondents to
Question:
For each of the regression assumptions, state whether it is satisfied, not satisfied, or cant be determined from this plot.
a) Linearity
b) Independence
c) Equal spread
d) Normal population
Transcribed Image Text:
40 80 120 160 Household Income ($000)
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a Linearity The linearity assumption is not satisfied as the scatterplot indicate...View the full answer
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Related Book For
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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