Concept explainers
a.
Find whether the given statement is true or false.
a.

Answer to Problem 1E
The given statement is false.
Explanation of Solution
Given info:
The linear model, which passes through the most data points on the
Justification:
If the line passes through the most data points on the then that line won’t be straight line. To be straight, the line needs to touch some of the points or none of the points, but it minimizes the sum of least squares.
Thus, the given statement is false.
The conditions for a scatterplot that is well fitted for the data are,
- Straight line Condition: The relationship between y and x should be straight enough to proceed with a linear regression model.
- Outlier Condition: No outlier must be there which influences the fit of the least square line.
- Thickness Condition: The spread of the data around the generally straight relationship seem to be consistent for all values of predictor variable.
b.
Find whether the given statement is true or false.
b.

Answer to Problem 1E
The given statement is true.
Explanation of Solution
Given info:
The residuals are the observed y-values minus the predicted y-values by the linear model.
Justification:
The residual gives the difference between the observed value of the response variable and that of the predicted value.
Thus, the given statement is true.
Residual:
The residual is defined as
c.
Find whether the given statement is true or false.
c.

Answer to Problem 1E
The given statement is false.
Explanation of Solution
Given info:
Least square defines the square of the largest residual is as small as it could possibly be.
Justification:
A least square criterion defines the unique line that minimizes the variance of residuals or sum of squared of the residuals. It does not imply to minimize the largest residual is as small as it could possibly be.
Thus, the given statement is false.
Least-square criterion:
The least-square criterion is of a regression line that the best fits of a set of data points having the smallest possible sum of squares.
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