Plot the Residuals Against the Predicted Values of Y

question 172

Essay

Plot the residuals against the predicted values of y. Does the variance appear to be constant?

---

Definitions:

Increasingly Strategic

Pertaining to the growing importance and deliberate planning and execution of actions to achieve long-term objectives or competitive advantage.

IS Department

The Information Systems Department is responsible for overseeing the technology infrastructure and systems within an organization to support its operations and objectives.

Technical Specifications

Detailed description of the technical requirements, features, and performance of a product, system, or service.

Information Requirements

The details and criteria of information needed by users to complete tasks or make decisions effectively.