Non-normally distributed outcome variable violate the general assumption of a linear regression model? Provide supporting arguments.
Explore Exercise Question # 1, page 190 in Text Book
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Get Help Now!In the Income linear regression example, consider the distribution of the outcome variable Income. Income values tend to be highly skewed to the right (distribution of value has a large tail to the right).
A). Does such a non-normally distributed outcome variable violate the general assumption of a linear regression model? Provide supporting arguments. Support each suggestion with scholarly citation and references – APA formatting.
Text Book Link:http://index-of.co.uk/Big-Data-Technologies/Data%20Science%20and%20Big%20Data%20Analytics.pdf
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