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Linear regression assumptions diagnosis
5 years ago in Case Study By Shubham
All Answers (3 Answers In All)
By Natasha Answered 5 years ago
There are four assumptions which suggest the use of linear regression test for prediction and inference. 1. Linearity 2. Statistical independence 3. Homoscedasticity 4. Normality
By Sourabh Answered 5 years ago
The assumptions are 1. Linearity of relationship between independent and dependent variable 2. Statistical independence of the errors 3. Homoscedasticity of errors 4. Normality of error distribution
By Joshna Answered 5 years ago
Diagnosis of assumptions of linear regression test is quite simple. Nonlinearity is evident in a plot of observed vs predicted values. The points must be symmetrically distributed around the diagonal line in the former plot with a variance value. Look for bowed pattern. If the pattern appears then there is systematic error.
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