(Step-by-Step) You regressed y vs. x. After plotting residuals you obtained the plot, presented below. Would you modify the regression equation in any way?
Question: You regressed \(y\) vs. \(x\). After plotting residuals you obtained the plot, presented below.
- Would you modify the regression equation in any way? Explain.
- If you would modify the regression equation what results should you expect? Can you say anything about the signs of coefficients?
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