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A residual versus fits plot is shown below. The R? value is found to be 0.98. Which of the following best describes the model? 0.4 0.3 0.2

A residual versus fits plot is shown below. The R? value is found to be 0.98. Which of the following best describes the model? 0.4 0.3 0.2

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A residual versus fits plot is shown below. The R? value is found to be 0.98. Which of the following best describes the model? 0.4 0.3 0.2 0.1 -0.1 -0.2 -0.3 -0.4 -0.5 O It fits the data well, but another model would be more appropriate. O The response and explanatory variables have no clear association.? O The regression model is useless, but another model could be used. O The regression model is appropriate and fits the data very well. Residuals
Transcribed Image Text:A residual versus fits plot is shown below. The R? value is found to be 0.98. Which of the following best describes the model? 0.4 0.3 0.2 0.1 -0.1 -0.2 -0.3 -0.4 -0.5 O It fits the data well, but another model would be more appropriate. O The response and explanatory variables have no clear association.? O The regression model is useless, but another model could be used. O The regression model is appropriate and fits the data very well. Residuals
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