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Techniques for analyzing the relationship between one (or more) "dependent" variables and "independent" variables.

3 votes
2 answers
71 views

Justifying Residual Histograms and QQ Plots for Linear Regression

Conceptually, I am having a hard time as to why we consider the quantile-quantile plot for linear regression diagonistics, and I cannot seem to get a clear answer after searching extensively. …
0 votes
0 answers
55 views

Simple OLS Regression Assumptions

I am trying to understand OLS simple linear regression better and gain an intuition for the associated assumptions. …