In: Statistics and Probability
Given are data for two variables, x and y.
xi 6 11 15 18 20
yi 6 8 12 20 30
Use the facts that ̄x= 14, ̄y= 15.2, ˆy=−7.02 + 1.59x, Σ(xi − ̄x)^2 = 126, and s= 4.88.
a. Compute the residuals.
b. Plot the residuals against x. Do the assumptions about the error terms seem to be satisfied?
c. Compute the standardized residuals.
b):
There present a pattern in Residuals plot which is parabola. it's means there heteroscedasticity present or we can say variance are not equal.
c):
First Calculate the Standard deviation of Residuals.
Standard deviation of Residuals: