Assumptions of Linear Regression (Tests to Perform)

shauryaa117

Shaurya Lalwani

Posted on July 15, 2020

Assumptions of Linear Regression (Tests to Perform)

The tests to be performed to check the assumptions of linear regression:

  1. No Autocorrelation: Durbin Watson Test

  2. No Heteroscedacity: Goldfeld Test, Residual VS Fitted Plot

  3. No Multi-Collinearity: VIF & Correlation Matrix

  4. Normality of Residuals: Jarque Bera Test, Shapiro Test

  5. Linearity of Residuals: Rainbow Test

Happy Learning!

πŸ’– πŸ’ͺ πŸ™… 🚩
shauryaa117
Shaurya Lalwani

Posted on July 15, 2020

Join Our Newsletter. No Spam, Only the good stuff.

Sign up to receive the latest update from our blog.

Related