Verify that your regression model does not suffer from any misspecification errors
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Verify that your regression model does not suffer from any misspecification errors

Task 3

Please provide a reflective discussion on how you executed Task 2 of the project above. Specifically consider the following:

1. Verify that your regression model does not suffer from any misspecification errors and provide the relevant regression diagnostics which support your findings.

2. If you found that your model is in fact partially misspecified in part (1) of Task 3 above, explain what you did to ensure that the misspecification only has a minimal impact on your results in Task 2 above. That is, explain how you corrected any misspecifications that occurred during your modelling.

3. Were there any other oddities in the data set or your model? Explain. 4. Is there anything else worth mentioning which is relevant to your work or to your results for Joy?

Major-project-data-set

Hint
Statistics"A regression model provides is a function which describes the relationship between one or more of the independent variables and a response, dependent, or even the target variable. It mainly consists of 3 stages :1) analyzing the correlation and the directionality of the data, 2) estimating the model, which is, fitting the line, and 3) evaluating the validity and also the usefu...

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