Which of the Following Methods Is Used to Help Assess

question 41

Multiple Choice

Which of the following methods is used to help assess whether the regression model meets the assumption of having normally distributed residuals?

• A) Develop a normal probability plot of the residuals.
• B) Develop a histogram of the residuals.
• C) Develop a normal probability plot of the population means.
• D) Both develop a normal probability plot of the residuals and develop a histogram of the residuals.
• E) Neither develop a normal probability plot of the residuals nor develop a histogram of the residuals.

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Definitions:

Tea

A beverage made by steeping processed leaves, buds, or twigs of the tea plant, Camellia sinensis, in hot water, enjoyed worldwide for its flavor and health benefits.

Cameras

Devices used to capture images, either as still photographs or as moving images (videos), through the use of lenses and a recording medium.

Demand for Film

Refers specifically to the desire or willingness of consumers to purchase movies or cinema tickets at various price levels.

Price

The cash amount forecasted, required, or paid out for acquiring something.