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What is the process for calculating residuals. What correlation coefficient is representative of a good best-fit line? What shape of the residual plot is representative
- What is the process for calculating residuals.
- What correlation coefficient is representative of a "good" best-fit line? What shape of the residual plot is representative of a "good" best-fit line? Why is this?
- When reading a computer output for regression, what values are used for the LSR line?
- When is it appropriate to transform data to achieve linearity, and how do you know the transformation you chose is appropriate?
- What is the coefficient of determination?
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