Answer
Influential observations typically exist when the point is an outlier relative to the values of the explanatory variables and significantly affects the regression line.
Work Step by Step
See explanation above.
Statistics: Informed Decisions Using Data (4th Edition)
by Sullivan III, Michael
Published by
Pearson
ISBN 10:
0321757270
ISBN 13:
978-0-32175-727-2
Chapter 4 - Section 4.3 - Assess Your Understanding - Vocabulary and Skill Building - Page 229: 4
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