+++ REGRESSION ANALYSIS: DETECTION, EFFECTS, AND REMEDIAL MEASURES OF DEPARTURES ON ASSUMPTIONS OF REGRESSION MODEL Departures/ Method of Detection Remedial Effects of the violation on the model Measures Violations on Assumptions 1. The values of the regression, the X's, are not fixed or random, or X values are not independent of the error term. 2. There is exact linear relationship or exact collinearity between the X variables. 3. The model is incorrectly specified, so there is specification bias. Graphical Statistical

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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REGRESSION ANALYSIS: DETECTION, EFFECTS, AND REMEDIAL MEASURES OF
DEPARTURES ON ASSUMPTIONS OF REGRESSION MODEL
Departures/
Method of Detection
Remedial
Effects of the violation
on the model
Measures
Violations on Assumptions
1. The values of the
regression, the X's, are not
fixed or random, or X values
are not independent of the
error term.
2. There is exact linear
relationship or exact
collinearity between the X
variables.
3. The model is incorrectly
specified, so there is
specification bias.
Graphical
Statistical
Transcribed Image Text:+++ REGRESSION ANALYSIS: DETECTION, EFFECTS, AND REMEDIAL MEASURES OF DEPARTURES ON ASSUMPTIONS OF REGRESSION MODEL Departures/ Method of Detection Remedial Effects of the violation on the model Measures Violations on Assumptions 1. The values of the regression, the X's, are not fixed or random, or X values are not independent of the error term. 2. There is exact linear relationship or exact collinearity between the X variables. 3. The model is incorrectly specified, so there is specification bias. Graphical Statistical
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