ASSUMPTIONS OF REGRESSION MODEL Method of Detection Departures Violations on Assumptions Effects of the violations on the model Remedial Measures Graphical Statistical The model ts al but one or a few outler observation. 6. The error terms are not normally distributed 6. There is exact linear relationship or exact

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REGRESSION ANALYSIS: DETECTION, EFFECTS AND REMEDIAL MEASURES OF DEPARTURES ON
ASSUMPTIONS OF REGRESSION MODEL
Method of Detection
Departures/
Violations on Assumptions
Effects of the
violations on the
Remedial
Graphical
Statistical
Measures
model
4. The model fits all but one or a few outlier
observation.
5. The error terms are not nomally
distributed.
6. There is exact linear relationship or exact
collinearity between the X variables.
Transcribed Image Text:REGRESSION ANALYSIS: DETECTION, EFFECTS AND REMEDIAL MEASURES OF DEPARTURES ON ASSUMPTIONS OF REGRESSION MODEL Method of Detection Departures/ Violations on Assumptions Effects of the violations on the Remedial Graphical Statistical Measures model 4. The model fits all but one or a few outlier observation. 5. The error terms are not nomally distributed. 6. There is exact linear relationship or exact collinearity between the X variables.
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