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A public health researcher wants to use regression to predict the sun safety knowledge of pre-school children. The researcher randomly sampled 35 preschoolers, assigned them to one of
Two groups, and then measured the following three variables: SUNSCORE: Score on sun-safety comprehension test
READING: Reading comprehension score
GROUP: if child received a Be Sun Safe demonstration, 0 if not
A regression model was fit and the following residual plot was observed.
Which of the following assumptions appears violated based on this plot?
Accumulated Depreciation
The total depreciation for a fixed asset that has been charged to expense since the asset was acquired.
Gain on Sale
The income generated when an asset is sold at a value higher than its original cost or book value.
Machinery
Heavy and complex machines or equipment used in various industries for manufacturing, construction, or specific tasks requiring mechanical force.
Book Value
The value of an asset as recorded on the balance sheet, calculated by subtracting any associated depreciation or amortization from its original cost.
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