(a) Comment on the suitability of this data set for simple linear regression modelling. (b) Explain the difference between an outlier and an influential observation The data is loaded into R Studio and assigned to two vectors x and y. (c) Write R code that constructs a simple linear regression model with X as the explanatory variable and Y as the response, calculates and plots the leverage of each observation and then formally tests whether there are any influential observations in this data with reference to an appropriate F test assigning the value TRUE in R if there is one or more influential observations and FALSE if there are no influential observations. (d) What should the modeler do if the code in (c) above returns TRUE?
(a) Comment on the suitability of this data set for simple linear regression modelling. (b) Explain the difference between an outlier and an influential observation The data is loaded into R Studio and assigned to two vectors x and y. (c) Write R code that constructs a simple linear regression model with X as the explanatory variable and Y as the response, calculates and plots the leverage of each observation and then formally tests whether there are any influential observations in this data with reference to an appropriate F test assigning the value TRUE in R if there is one or more influential observations and FALSE if there are no influential observations. (d) What should the modeler do if the code in (c) above returns TRUE?
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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