Which statement about leverage is incorrect?
A)Leverage refers to an observation's distance from the mean of X.
B)If n = 40 and k = 4 predictors, a leverage statistic of .15 would indicate high leverage.
C)If n = 180 and k = 3 predictors, a leverage statistic of .08 would indicate high leverage.

Question

Quizplus · Accepted Answer

A leverage statistic of .15 would indicate high leverage for n = 40 and k = 4 predictors, but not for n = 180 and k = 3 predictors.

Which Statement About Leverage Is Incorrect