A residual plot for a set of data with a linear regression equation is shown. Which statement is correct? A)
The least squares regression line is not a good fit as the sum of the
residuals is positive.
The least squares regression line is a good fit since there is no pattern in
the residual plot.
B)
C)
The least squares regression line is not a good fit as too many data points
fall above the line.
D)
The least squares regression line is not a good fit since there is no pattern
in the residual plot.