Residual analysis is important when studying the potential for linear regression because it allows for assumptions to be ignored for a time while graphs are created. O True False
Residual analysis is important when studying the potential for linear regression because it allows for assumptions to be ignored for a time while graphs are created. O True False
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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Transcribed Image Text:Residual analysis is important when studying the potential for linear regression because it allows for assumptions to be ignored for a time while graphs are created.
- ○ True
- ○ False
Expert Solution

Step 1
Residuals analysis in linear regression:
Residuals may be defined as the difference between the obtained value and true value of dependent variable. The residual analysis is a useful tool to examine the goodness of the fitted model. It helps in examining the goodness of model by defining residual. It is also useful in evaluation of residual graph.
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