Linear Modelingmedium
0:00.0
In a scatter plot of house price (y) vs. square footage (x), one house has an unusually high square footage (far to the right, beyond most other houses) but its price falls almost exactly on the fitted regression line. Which statement best describes this point?
In a scatter plot of house price (y) vs. square footage (x), one house has an unusually high square footage (far to the right, beyond most other houses) but its price falls almost exactly on the fitted regression line. Which statement best describes this point?