Linear regression models predict the outcome of one variable based on the value of another, correlated variable. Excel 2013 can compare this data to determine the correlation which is defined by a ...

What are standardized residuals? How do I calculate it? How do I use it and interpret it? What are its benefits? The answers to these questions and more can be found below. Before you can understand ...

The added variable plots proposed by Pregibon and Wang and the partial residual plots proposed by Pregibon and Landwehr and co-workers for generalized linear models have been found useful for ...

Residual plots can be used to validate assumptions about the regression model. Figure 1: Residual plots are helpful in assessments of nonlinear trends and heteroscedasticity. A formal test of lack of ...