Question

deviations away from the diagonal present in a normal Q-Q plot indicates a high R2 value,...

deviations away from the diagonal present in a normal Q-Q plot indicates a high R2 value, and thus a proper approximation by the multiple libear regresion model
Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

This statement is not correct. Normal Q-Q plot helps to check the normality assumption. It is a plot of quantiles of normal distribution and quantiles of the distribution of the given data. If both the quantiles collide, the points fall approximately on the diagonal straight line. Thus a straight line indicates that the normality assumption is satisfied whereas deviation from straight line indicates violation of normality assumption. But it does not give any idea about R2.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1) a. A negative value for b indicates that high values on the predictor are associated...
1) a. A negative value for b indicates that high values on the predictor are associated with  (low/high) values on the outcome variable. b. True or False: The value of b indicates the amount of change in the outcome variable for every 1 unit change in the predictor variable 2) Assuming all else is equal, a variable (A) with a correlation to Y of r = -0.51 will produce more accurate predictions of Y than a variable (B) with a correlation...
Q 1. From the following information, calculate the net present value of the two project and...
Q 1. From the following information, calculate the net present value of the two project and suggest which of the two projects should be accepted. Particulars Project X Project Y Investment 400,000 dhs 420,000 dhs Estimated Life 4 years 4 years Scrap Value 60,000 dhs 70,000 dhs The cash inflows are as follows: Project Name Year 1 Year 2 Year 3 Year 4 Project X 90,000 120,000 140,000 70,000 Project Y 80,000 148,000 98,000 60,000 Note: The following are the...
The tails of the normal curve never touch the abscissa because theoretically, any value is possible....
The tails of the normal curve never touch the abscissa because theoretically, any value is possible. it is a line plot. normal data are not continuous. it is not possible to have a value with 0 relative frequency What proportion of values are between 0 and 3 standard deviations from the mean? 0.5 half of 0.50 half of 0.997 less than 3% A negative z-score indicates that the original score was greater than the mean. equal to the standard deviation....
True/False The exchange of gas molecules from areas of higher concentration to areas of lower concentration...
True/False The exchange of gas molecules from areas of higher concentration to areas of lower concentration is called osmosis. Oxygen and carbon dioxide exchange takes place in the alveoli. Cyanosis is a reliable and early sign of hypoxia. When a nurse documents that a patient is tachypneic, it indicates a respiratory rate greater than 24 breaths/minute. On assessment, the nurse would describe coarse crackles as discontinuous popping sounds heard in early inspiration. A serious complication of a group A beta-hemolytic...
Part I. Indicate whether true or false (T or F). ____ Storm water detention ponds typically...
Part I. Indicate whether true or false (T or F). ____ Storm water detention ponds typically are designed to regulate the outflow peak rate at or below a single target value, such as the pre-development (pre-land use change) peak runoff rate for a specified return period event. Detention storage alters the peak but not the volume of the outflow hydrograph. _____ Typical rating curves for weirs are concave upward. Typical rating curves for orifices are concave downward. ____ A sediment...
Please read the article and answear about questions. Determining the Value of the Business After you...
Please read the article and answear about questions. Determining the Value of the Business After you have completed a thorough and exacting investigation, you need to analyze all the infor- mation you have gathered. This is the time to consult with your business, financial, and legal advis- ers to arrive at an estimate of the value of the business. Outside advisers are impartial and are more likely to see the bad things about the business than are you. You should...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From the April 2004 Issue Save Share 8.95 In 1991, Progressive Insurance, an automobile insurer based in Mayfield Village, Ohio, had approximately $1.3 billion in sales. By 2002, that figure had grown to $9.5 billion. What fashionable strategies did Progressive employ to achieve sevenfold growth in just over a decade? Was it positioned in a high-growth industry? Hardly. Auto insurance is a mature, 100-year-old industry...
Asia’s e-commerce landscape has been booming in recent years. The swift adoption of smartphones and greater...
Asia’s e-commerce landscape has been booming in recent years. The swift adoption of smartphones and greater access to the internet has allowed consumers in the region to be a major force in the global digital economy. The expansion looks set to continue at a rapid pace. According to a November 2018 report by Fitch Solutions, e-commerce sales in the region are forecast to increase by 14.2% this year, with an estimated average annual increase of 14% over the medium term...
The Business Case for Agility “The battle is not always to the strongest, nor the race...
The Business Case for Agility “The battle is not always to the strongest, nor the race to the swiftest, but that’s the way to bet ’em!”  —C. Morgan Cofer In This Chapter This chapter discusses the business case for Agility, presenting six benefits for teams and the enterprise. It also describes a financial model that shows why incremental development works. Takeaways Agility is not just about the team. There are product-management, project-management, and technical issues beyond the team’s control. Lean-Agile provides...
Please summarize the below article in approximately 100 words: Monumental function in British Neolithic burial practices...
Please summarize the below article in approximately 100 words: Monumental function in British Neolithic burial practices Ian Kinnes The high-risk rate of survival for the non-megalithic series of Neolithic funerary monuments, recently re-emphasized by Piggott (1973: 34), introduces a further variable into the deductive study of burial practices. In Britain and Europe the overall distribution of monumental forms present both lacunae and a marked preponderance of cairns over earthen mounds which are in ill accord with the known or predicted...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT