(Solved): Based on the residual plot from a simple linear regression analysis below, which of the statements ...
Based on the residual plot from a simple linear regression analysis below, which of the statements following the plot is true? residu Choose the correct answer below. A. The condition that the residuals are normally distributed is not met since there is a funnel shape to the residuals in the residual plot. B. The condition that the residuals have constant variation is not met since the lines connecting the largest positive residuals and largest negative residuals are not parallel. C. The condition that the residuals are normally distributed is not met since not all of the residuals fall on the reference line in the residual plot. D. The condition that the residuals have constant variation is met since the lines connecting the largest positive residuals and largest negative residuals are parallel.