Do you believe that the regression errors are random

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Reference no: EM131371035

In a regression analysis, 12 out of 30 residuals are greater than 1.00 in value, and the rest are not. With A denoting a residual greater than 1 and B a residual less than 1, the residuals are as follows:

563_7b594a97-b602-4b38-8376-6cd6eb682773.png

Do you believe that the regression errors are random? Explain.

Reference no: EM131371035

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