Abstract: Assumptions play a pivotal role in the selection and efficacy of statistical models, as unmet assumptions can lead to flawed conclusions and impact decision ...
Examination of the (sample) residuals resulting from the regression analysis can indicate failures of assumptions 1, 3, and 4. Such failures are not necessarily a bad thing: They can point the way to ...
Linear regression is a fundamental statistical method used to model and understand the relationship between different variables. At its heart, it aims to find the best-fitting straight line that ...