The United Nations Development Programme (UNDP) collects data in the developing world to help countries solve global
Question:
a) Explain why fitting a linear model to these data would be misleading.
b) If you fit a linear model to the data, what do you think a scatterplot of residuals versus predicted HDI will look like?
c) There are two outliers, Qatar and Luxembourg with very high GDPPCs and Equitorial Guinea with a very low HDI for its GDPPC. Will setting these points aside improve the model substantially? Explain.
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Related Book For
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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