Question

Construct a residual plot of the amount of money in a person’s bank account and their age that would indicate a linear model.

Answer 1

Answer:

The regression line is not a good model because there is a pattern in the residual plot.

Step-by-step explanation:

Given is a  residual plot for a data set

The residual plot shows scatter plot of x and y

The plotting of points show that there is not likely to be a linear trend of relation between the two variables. It is more likely to be parabolic or exponential.

Hence the regression line cannot be a good model as they do not approach 0.

Also there is not a pattern of linear trend.

D) The regression line is not a good model because there is a pattern in the residual plot.