In Chapter 17, Exercise 33 we found a model for GDP per Capita from three country characteristics:
Question:
On the next page are summary statistics for each variable in the model and the rows for those four countries.
a) Explain why each country was identified as a possible high influence point.
b) What might you consider doing next?
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Related Book For
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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