14

Question 14 Below is the lagged residual plot of a simple regression model. Legged Residual Plot 1i] [1) , 8 am a 'o o ' '... .5. 1 ' " o . 0 not . '3' .. . . . o . .go . sm 0 no I ' I 0 man I o o I'Illl 1s m m on s m n no 5 m to m C) clear evidence that the residuals are positively correlated. 0 clear evidence that the residuals are negatively correlated. 0 no distinct violation of the independence of errors. 0 clear violation of homoscedasticity, 0 no distinct violation of homoscedasticity. 0 clear evidence that the residuals are not normally distributed. 0 no distinct violation of normality