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What are the strengths of operating with a high/low pricing strategy?
Independent Variables
Variables in an experiment or model that are manipulated or classified by the researcher to observe their effect on the dependent variable.
Standardized Residual
The value obtained by dividing a residual by its standard deviation.
Studentized Deleted Residuals
Standardized residuals that are based on a revised standard error of the estimate obtained by deleting observation i from the data set and then performing the regression analysis and computations.
Residual Transformation
Residual transformation involves altering the residuals from a data model, possibly to meet the assumptions of linear regression such as normality or homoscedasticity.
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