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Non-linearity
What limitation arises when the true relationship is curved?
Interpolation
What is predicting within the range of your data called?
Extrapolation
What is predicting beyond the range of your data called?
Unreliable
How trustworthy are extrapolated predictions?
Outlier
What is an observation far from the general pattern called?
Influential observation
What is a point that changes the fitted line substantially when removed?
Edge of the predictor range
Where do outliers have the most influence on the line?
Refit without it
How can you test whether one point is influential?
Line only describes the data range
Why can a regression line predict absurd values far outside the data?