Oakland passengers, part 2. In Exercise 29, we created a linear model describing the trend in the

Question:

Oakland passengers, part 2.

In Exercise 29, we created a linear model describing the trend in the number of passengers departing from Oakland (CA) airport each month since the start of 1997. Here’s the residual plot, but with lines added to show the order of the values in time:

image text in transcribed

a) Can you account for the pattern shown here?

b) Would a re-expression help us deal with this pattern?
Explain.

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Related Book For  book-img-for-question

Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

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