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Data science and big data analytics

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Reference no: EM132446963

Use only Textbook : Data Science & Big Data Analytics: Discovering, Analyzing, Visualizing and Presenting Data, Published by John Wiley & Sons, Inc. EMC

Chapter : 6

In the Income linear regression example, consider the distribution of the outcome variable Income. Income values tend to be highly skewed to the right (distribution of value has a large tail to the right). Does such a non-normally distributed outcome variable violate the general assumption of a linear regression model? Provide supporting arguments.

Reference no: EM132446963

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