A sample of adults were randomly selected for a study on the…
A sample of adults were randomly selected for a study on the relationship between annual income and having a credit card. Let the predictor be the annual income and the response be proportion of people having at least on card for the given level of income. Comment on each of the following diagnosis plots and explain a. which assumption can be checked by looking at the given plot, and b. whether or not the assumption is met. QQ plot a. What assumption can be checked by looking at the given plot? b. Is the assumption met? Type Y (for yes) or N (for no)