Pizza ratings, part 2. Heres a scatterplot of the residuals against predicted values for the regression model

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Pizza ratings, part 2.

Here’s a scatterplot of the residuals against predicted values for the regression model found in Exercise 17.

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a) The two extraordinary points in the lower right are Reggio’s and Michelina’s, two gourmet brands. Interpret these points.

b) Do you think these two pizzas are likely to be influential in the regression. Would setting them aside be likely to change the coefficients? What other statistics might help you decide?

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Business Statistics

ISBN: 9780321716095

2nd Edition

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

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