Whats wrong each of the following statements contains an


What's wrong? Each of the following statements contains an error. Describe each error and explain why the statement is wrong.

(a) High correlation implies causation.

(b) An outlier will always have a small residual.

(c) If we have data at values of x equal to 1, 2, 3, 4, and 5, and we try to predict the value of y using a least-squares regression line, we are doing an extrapolation.

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Basic Statistics: Whats wrong each of the following statements contains an
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