Answered step by step
Verified Expert Solution
Question
1 Approved Answer
KNOWLEDGE OF R STUDIO IS VERY HELPFUL TO COMPLETE THIS PROBLEM. PLEASE ROUND TO 3 DECIMALS IN EVERY STEP OF THE PROBLEM. 12. Answer the
KNOWLEDGE OF R STUDIO IS VERY HELPFUL TO COMPLETE THIS PROBLEM. PLEASE ROUND TO 3 DECIMALS IN EVERY STEP OF THE PROBLEM.
12. Answer the following questions about using the "fragility.csv" data to calculate a simple linear regression line to predict a country's fragility index score from its globalization score. a. What is the independent variable? b. What is the dependent variable? c. What is the linear regression formula? d. Create a histogram of the residuals and paste it here. Does the histogram indicate the line is a good fit? Why or why not? e. Create a residual plot and paste it here. Does the residual plot indicate the line is a good fit? Why or why not? f. Interpret the slope of the line in context. g. Interpret the y-intercept of the line in context. h. What fragility score would you expect for a country with a globalization score of 50. You may do this by hand or with R Studio. Interpret your result in context. i. Would you say that globalization causes decreased fragility in a country? Why or why notStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started