Refer to Exercise 16.6. a. Determine the residuals and the standardized residuals. b. Draw the histogram of
Question:
Refer to Exercise 16.6.
a. Determine the residuals and the standardized residuals.
b. Draw the histogram of the residuals. Does it appear that the errors are normally distributed? Explain.
c. Identify possible outliers.
d. Plot the residuals versus the predicted values of y. Does it appear that heteroscedasticity is a problem? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Statistics For Management And Economics Abbreviated
ISBN: 9781285869643
10th Edition
Authors: Gerald Keller
Question Posted: