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Double Exponential SmoothingGraphs - Residuals versus the Variables |
This graph plots the residuals versus another variable. The residuals should fluctuate in a random pattern around the center line. If the variable is already included in the model, use the plot to determine if you should add a higher-order term of the variable. If the variable is not already included in the model, use the plot to determine if the variable is influencing the response in a systematic way.
Use this plot to look for the following:
This pattern... |
Indicates... |
Pattern in residuals |
The variable is influencing the response in a systematic way |
Curvature in the points |
A higher-order term of the variable should be included in the model |
Example Output |
Interpretation |
For the sales data, the residuals do not appear to be randomly scattered about zero. Evidence exists that there is a pattern in the residuals. The plot indicates that software sales may have a systematic effect on the computer sales. An outlier is also evident.