Podcast
Questions and Answers
Which of the following is a key assumption for performing simple linear regression?
Which of the following is a key assumption for performing simple linear regression?
What does homoscedasticity refer to in the context of linear regression assumptions?
What does homoscedasticity refer to in the context of linear regression assumptions?
What does it mean when it is said that outliers can substantially reduce the correlation in linear regression?
What does it mean when it is said that outliers can substantially reduce the correlation in linear regression?
What type of plot is used to assess the distributional similarity between a dataset and a theoretical distribution?
What type of plot is used to assess the distributional similarity between a dataset and a theoretical distribution?
Signup and view all the answers
What should be the distribution of both dependent and independent variables in linear regression?
What should be the distribution of both dependent and independent variables in linear regression?
Signup and view all the answers
What is a key assumption for performing simple linear regression?
What is a key assumption for performing simple linear regression?
Signup and view all the answers
What does homoscedasticity refer to in the context of linear regression assumptions?
What does homoscedasticity refer to in the context of linear regression assumptions?
Signup and view all the answers
What type of plot is used to assess the distributional similarity between a dataset and a theoretical distribution?
What type of plot is used to assess the distributional similarity between a dataset and a theoretical distribution?
Signup and view all the answers
What should be the distribution of both dependent and independent variables in linear regression?
What should be the distribution of both dependent and independent variables in linear regression?
Signup and view all the answers
What does it mean when it is said that outliers can substantially reduce the correlation in linear regression?
What does it mean when it is said that outliers can substantially reduce the correlation in linear regression?
Signup and view all the answers