Studentized Residuals Are Obtained from the Original OLS Residuals by Dividing

question 10

True/False

Studentized residuals are obtained from the original OLS residuals by dividing them by an estimate of their standard deviation.

---

Definitions:

Nonlocal Check

A check written on an account at a bank which is located outside the local check-processing region of the bank at which it is deposited.

Depositary Bank

A financial institution that holds and manages securities deposits and facilitates trading of these financial assets.

Drawee Bank

Drawee bank refers to the bank upon which a check or draft is drawn, responsible for paying the specified amount of money to the entity presenting the check for payment.

Payor Bank

A bank that is responsible for paying the check or draft drawn on the funds deposited in an account.