I am running a linear model where price is the dependent variable, and weight is the independent variable. While checking the output of the model under the parameter estimates i have the slope as 18381.22 and standard error as 141.74. However, the model does not show the significance value or the p-value. What could be the reason?As per my understanding i cannot call out this model as a fit model. Also, regression standardized residual plot shows outliers and the data is not normally distributed which also violates the assumption of a linear model. Am I ok with my assumptions?
To check vailidity of model if P value is not given
statistics;predictive modeling;linear regression