Statistics for Business & Economics
12th Edition
ISBN: 9781285528830
Author: David R. Anderson
Publisher: Cengage Learning US
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Chapter 14.8, Problem 48E
Refer to exercise 7, where an estimated regression equation relating years of experience and annual sales was developed.
- a. Compute the residuals and construct a residual plot for this problem.
- b. Do the assumptions about the error terms seem reasonable in light of the residual plot?
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Chapter 14 Solutions
Statistics for Business & Economics
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