10.3: Assessment & Assumptions
Upcoming deadlines
- Statistics Reflection 10/6 11:59 PM
- HW 3 10/13 11:59 PM
Learning Objectives
By the end of the class, students should be able to:
describe (adjusted) \(R^2\) and how it relates to model assessment
list the four assumptions of MLR
explain why we use residual plots to assess the assumptions
interpret residual plots
Class prep
Watch these two videos:
Slides: Assessment, Assumptions
Optional/supplementary textbook reading: ISLR section 3.2.2 section “Two: Model Fit”; 3.3.3 #1-3 (Non-linearity, correlation of error terms, non-constant variance)
Class materials
Notes/code (qmd) (includes/adds to Tuesday’s notes)