4.3 residuals and outliers Flashcards

1
Q

importance of avoiding extrapolation

A

the line can be determine whether to use the least-squares regression line in predicting selling price

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2
Q

never try predicting the y-value for an x-value that is outside the range of data

A

this is because we don’t know if the least-squares regression line is linear outside the given range

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3
Q

extrapolation

A

making predictions for values outside the data; leads to unreliable predictions

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4
Q

residual (y-yhat)

A

the difference between the predicted point on the y-hat line and the y-value of the point

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5
Q

residual plot (x, y-yhat)

A

a plot in which the residuals are plotted against the values of the explanatory variable x

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6
Q

when there is a curved or any type of pattern

A

dont use the least-squares regression line because that means theres no linear relationship

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7
Q

influential point

A

an outlier that causes a big shift in the position of the line when included in the scatterplot

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8
Q

when influential points are present

A

its good practice to show the least-squares regression lines both including and excluding the influential points

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