Suggest an Alternative Model to Address the Issues Identified in Question

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The Answer is Since a logarithmic transformation can often address both slight non-linearity and heteroskedasticity,we might first try transforming the X variable,Ad Data.Following are the regression results in that case:

Since a logarithmic transformation can often address both slight non-linearity and heteroskedasticity,we might first try transforming the X variable,Ad Data.Following are the regression results in that case: The fit of this model on the log-transformed data is much better than the one obtained in Question 128.The percentage of variation explained has improved to almost 94% and we have a much better looking residuals plot as well,with no apparent pattern.

The fit of this model on the log-transformed data is much better than the one obtained in Question 128.The percentage of variation explained has improved to almost 94% and we have a much better looking residuals plot as well,with no apparent pattern.

Suggest an Alternative Model to Address the Issues Identified in Question

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Suggest an Alternative Model to Address the Issues Identified in Question

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