What Do We Obtain from Residual Analysis in Regression?

Journal
University of the Thai Chamber of Commerce Journal
Publisher(s)
Chulalongkorn University Printing House
University of the Thai Chamber of Commerce
Date Issued
2014
Author(s)
Other Contributor(s)
University of the Thai Chamber of Commerce. Journal Editorial Office
Abstract
Residual analysis is used to check the assumptions of regression analysis by examining the graphs, which are plotted between residuals versus fitted values, independent variables and times. It also includes a graph of the Normal Probability Plot. If no assumptions are violated. then the graphs. which are plotted between residuals versus fitted values. independent variables and times. should be randomly distributed around their mean of zero and the graph of Normal Probability Plot should be along a diagonal line.
Subject(s)
ISSN
0125-2437
Access Rights
public
Rights
This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.
Rights Holder(s)
University of the Thai Chamber of Commerce
Bibliographic Citation
Yupin Kanjanasakda (2014) What Do We Obtain from Residual Analysis in Regression?. University of the Thai Chamber of Commerce Journal Vol.34 No.1.
File(s)