Several regression lines are used to predict the monthly salaries in a certain com- pany, from different
Question:
Several regression lines are used to predict the monthly salaries in a certain com- pany, from different independent variables. Residual plots from each regression are shown below. Match the description with the plot. Explain. (You may use the same description more than once.)
(a) r.m.s. error = $1,000
(b) r.m.s. error = $5,000
(c) something's wrong? pl875
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