GOODNESS OF FIT TEST IN LINEAR REGRESSION MODEL

₦ 2,000.00
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SUMMARY

The correlated variable grow together or decline together) or negatively correlated (saytwo negatively correlated variable tends to change in opposite direction   that is, when X increases, Y decreasesandviceversa. And also,we saw that if there is no correlation or zerocorrelation, then we say that the two variables :ir~ uncorrelated therefore has no connection to each other. We also looked at Autocorrelation briefly as a special case of correlation which involves the relationship between the successive values of the same variable. And finally, we lookedat the assumptions of the linear regression model,which are stated below in a simple form.

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