Exhibit 14-6
You are given the following information about y and x. 
-Given below are seven observations collected in a regression study on two variables, x (independent variable) and y (dependent variable). Use Excel's Regression Tool to construct a residual plot and use it to determine if any model assumption have been violated. 
Definitions:
Negotiable
Relates to legal instruments, such as checks or bills of lading, that can be transferred from one party to another, changing ownership by endorsement.
Particular Fund
A specific investment fund targeted toward certain assets or investment strategies.
Law of Negotiable Instruments
A branch of law that deals with the rights and duties of parties to documents like checks, bills of exchange, and promissory notes.
Assignable
Capable of being transferred or made over to someone else, typically referring to rights or property.
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