Ryan has constructed a multiple regression model and wants to test some assumptions of his regression model. In particular, he i
s testing for normality of the residuals. To do this Ryan should: a. construct a normal quantile plot of the residuals and see if the result is an approximately upward sloping straight line
b. plot the residuals vs the predicted values of the response variable and check if the result is a random pattern
c. plot the residuals vs the observed values of the response variable and check if it forms and upward sloping line
d. plot the residuals vs each explanatory variable to check if they are approximately random and form no clear pattern
e. construct a normal quantile plot of the residuals and see if the result is an approximately horizontal straight line
f. construct a normal quantile plot of the residuals and see if the result is an approximately downward sloping straight line
plot the residuals vs the observed values of the response variable and check if it forms and upward sloping line ( C )
Step-by-step explanation:
Ryan should plot the residuals vs the observed values of the response variable and check if it forms and upward sloping line ( C )
The exact right action on what Ryan should do is not listed in the options listed below, hence I have just picked the closest on what Ryan should do if he is testing for normality of the residuals after constructing a multiple regression model
Normality of residuals test is performed to ensure that the residuals are properly/evenly distributed
As it shows in the table each week the amount adds to 75$. in the table it only shows 4 weeks amount. and the question asks you whats the amount going to be in the 7th week . the amount will be 825.
