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Here are plots of data for Studentized residuals against Length. Here is the same regression with all of the points at 70 removed.
Dependent variable is: Weight
30 total bears of which 10 are missing
R-squared = 97.8% R-squared (adjusted)= 97.3%
s = 2.96 with 20 - 4 = 16 degrees of freedom Compare the regression with the previous one.In particular,which model is likely to make the best prediction of weight? Which seems to fit the data better?
Personal Liability
The legal responsibility of an individual to settle debts or obligations from their own assets, rather than those protected by a corporation or limited liability entity.
Business Debts
Obligations that a business incurs as a result of operating activities, including loans, accounts payable, and any other form of borrowed money.
No Personal Liability
A legal principle that protects individual actors within a corporation or legal entity from bearing personal financial responsibility for the entity's liabilities.
Agency Relationships
A legal arrangement where one party, the agent, acts on behalf of another party, the principal, in transactions with third parties.
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