Residual Plot.Please Comment.

el1

New Member
#1
Heres a residual plot i have to comment on what it suggests,this is what i think. Can you please comment on wether i am correct of not?

I think the plot suggest linearity and statitical independance, it has an approximate normal distribution and a non - constant variance.

Does that seem like the answer i should give or am i completely off track.

What do you think?