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Before calculating a correlation coefficient, explain why you would create and examine a scatterplot of the...

Before calculating a correlation coefficient, explain why you would create and examine a scatterplot of the relationship. In your response, please discuss (a) linearity (b) homoscedasticity, (c) restriction of range, and (d) the presence of outliers.

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Expert Solution

doing a scatter plot is necessary for getting a preliminary idea about how the variables are associated. linearity,homoscedasticity, restriction of range, outliers are few factors of a simple linear regression model.  

milcah answered 1 year ago
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