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 ...

Residual plots and diagnostic techniques are important tools for examining the fit of a regression model. In the case of least squares fits, plots of residuals provide a visual assessment of the ...

We investigate properties of a diagnostic-envelope method for evaluating normal probability plots of regression residuals that was proposed by Atkinson (1981), implemented by BMDP (Hardwick 1987), and ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...