Properties Of Leverage In Regression
All of the following statements regarding leverage in a regression analysis are true EXCEPT:
A
High leverage occurs when an observation’s x-value is far from the mean of the x-values.
B
A point with an x-value close to the mean has high leverage and greatly influences the regression line.
C
A high leverage point has the potential to significantly affect the slope of the regression line if its corresponding y-value deviates substantially.
D
Leverage quantifies the potential influence of an observation based solely on its x-value position.
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