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In linear regression, when there's just a single independent variable, ... Similarly, the interpretation of the other values in the output -- residual standard error, multiple R-squared, adjusted ...
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. Overview: What Are ...
One key assumption is that the errors are independent of each other. However, with time series data, the ordinary regression residuals usually are correlated over time. It is not desirable to use ...