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A Standardized Residual Plot with Spread Increasing from Left to Right

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A standardized residual plot with spread increasing from left to right suggests that the variance of y is not the same at each x value.


Definitions:

Path Analysis

A specialized type of structural equation modeling used to describe directed dependencies among a set of variables, suitable for analyzing complex causal relationships.

Causality

The concept that an event (the cause) directly leads to another event (the effect) through a causal relationship.

Correlations

Statistical measures that denote the extent to which two or more variables fluctuate together.

Structural Equation Modeling

A multivariate statistical analysis technique that is used to analyze structural relationships between measured variables and latent constructs.

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