The plot given above of salary.residual against gpa is used to check the assumptions for the linear regression analysis. State these assumptions and whether you believe each one is met. Justify your answer in each case.

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salary.residual versus gpa
10000
5000
-5000
2.0
2.5
3.0
3.5
gpa
The plot given above of salary.residual against gpa is used to check the
assumptions for the linear regression analysis. State these assumptions and
whether you believe each one is met. Justify your answer in each case.
salary.residual
Transcribed Image Text:salary.residual versus gpa 10000 5000 -5000 2.0 2.5 3.0 3.5 gpa The plot given above of salary.residual against gpa is used to check the assumptions for the linear regression analysis. State these assumptions and whether you believe each one is met. Justify your answer in each case. salary.residual
Expert Solution
Step 1

The residual plot given is shown below

Statistics homework question answer, step 1, image 1

gpa is the independent variable 

salary is dependent variable.

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