Index value plots shows the relationship of each residual against the corresponding index in the data set. This would be the comparison of values of the x and y axis. The above image is an example of the stock market growth rates within a period of time. The row number or index, the x-axis, corresponds to the order in which the data was collected and in this case it was annually. The chart above visualizes the growth rates of the S&P index from 1872 to 2007. You can see the times when the stock markets growth has increased and decreased during a specific time period.
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