Does such a non-normally distributed outcome variable violate the general assumption of a linear regression model?

Does such a non-normally distributed outcome variable violate the general assumption of a linear regression model?
January 28, 2020 Comments Off on Does such a non-normally distributed outcome variable violate the general assumption of a linear regression model? Assignment Assignment help

Data Science & Big Data Analytics: Discovering, Analyzing, Visualizing and Presenting Data, Published by John Wiley & Sons, Inc. EMC In the Income linear regression example, consider the distribution of the outcome variable Income. Income values tend to be highly skewed to the right (distribution of value has a large tail to the right). Does such a non-normally distributed outcome variable violate the general assumption of a linear regression model?

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