Data Analysis

How to Automatically Display Residual Values in Regression Analysis Using Excel

Residual values play an important role in linear regression analysis. These residuals are used for OLS assumption tests, such as normality tests and heteroskedasticity tests. For instance, one of the key assumptions in linear regression analysis is that the residuals are normally distributed. Therefore, we need to first calculate the residual values before proceeding with …

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How to Perform Residual Normality Analysis in Linear Regression Using R Studio and Interpret the Results

Residual normality testing is a key assumption check in linear regression analysis using the Ordinary Least Squares (OLS) method. One essential requirement of linear regression is that the residuals should follow a normal distribution. In this article, Kanda Data shares a tutorial on how to perform residual normality analysis in linear regression using R Studio, …

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