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Events (or random variables) are independent when information on some of them tells you nothing about the probability of occurrence (/ distribution) of the others. Please DO NOT use this tag for independent variable use [predictor] instead.
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Evaluating linear regression model [duplicate]
I understand that when performing linear regression, one common rule-of-thumb is that for a good 'fit', the residuals should be 1) independently distributed, 2) stationary and 3) not serially correlat …