What does the residual plot tell you about the linear regression model? *Fitted ValueThe plot suggests that the residuals having a constant variance.The linear model could not be used for prediction.We can conclude that there is significant relationship between the variables.The linear model is appropriate to explain the relationship between the variables.A researcher identified a random sample of 20 apartments near BayanLepas Commercial Area. The dataset of the apartment price (in RM 1000)and the distance (km) to the commercial area is collected. The parameterestimation output is:*ALL CALCULATIONS MUST BE MADE IN THREE DECIMAL PLACESStandardCoefficientsErrort Statp-valueIntercept215.81010.71420.1438.52x10-14X Variable 1-10.2033.900-2.6160.017511Calculate:For an apartment with a distance to commercial area is 3 km, the apartment price ispredicted to be_.The residual at point (120, 3) is _ .enps

As per our guidelines, we are allowed to answer first question only. Thanks Given Residual plot :…

What does the residual plot tell you about the linear regression model? * Fitted Valae The plot suggests that the residuals having a constant variance. The linear model could not be used for prediction. We can conclude that there is significant relationship between the variables. The linear model is appropriate to explain the relationship between the variables. emp

What does the residual plot tell you about the linear regression model? * Fitted Valae The plot suggests that the residuals having a constant variance. The linear model could not be used for prediction. We can conclude that there is significant relationship between the variables. The linear model is appropriate to explain the relationship between the variables. emp

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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