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Hosted on MSNStandardized Residuals: Insights into Calculations, Interpretations, and ApplicationsWhat are standardized residuals? How do I calculate it? How do I use it and interpret it? What are its benefits? The answers to these questions and more can be found below. Overview: What Are ...
A residual-by-predicted plot is commonly used to diagnose nonlinearity or nonconstant error variance. It is also used to find outliers. A residual-by-predicted plot ...
In the first plot, you see that case 4 is a regression outlier but not a leverage point ... Output 9.7.1: Stackloss Data: LMS Residuals vs. Robust Distances Output 9.7.2: Stackloss Data: LS Residuals ...
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