Choose a correct statement. Leverage means a gap between a data point that is unusual in OLS models. Discrepancy means how far away an observation is from other observations. c. Cook's distance measures discrepancy. Influential outliers can be calculated by discrepancy X leverage. Cook's distance measures discrepancy.
Choose a correct statement. Leverage means a gap between a data point that is unusual in OLS models. Discrepancy means how far away an observation is from other observations. c. Cook's distance measures discrepancy. Influential outliers can be calculated by discrepancy X leverage. Cook's distance measures discrepancy.
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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Transcribed Image Text:Choose a correct statement.
Leverage means a gap between a data point that is unusual in OLS models.
O Discrepancy means how far away an observation is from other observations. c. Cook's distance measures
discrepancy.
Influential outliers can be calculated by discrepancy X leverage.
O Cook's distance measures discrepancy.
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