Plot CCPR against one regressor.
Generates a CCPR (component and component-plus-residual) plot.
Parameters: | results : result instance
exog_idx : int or string
ax : Matplotlib AxesSubplot instance, optional
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Returns: | fig : Matplotlib figure instance
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See also
Notes
The CCPR plot provides a way to judge the effect of one regressor on the response variable by taking into account the effects of the other independent variables. The partial residuals plot is defined as Residuals + B_i*X_i versus X_i. The component adds the B_i*X_i versus X_i to show where the fitted line would lie. Care should be taken if X_i is highly correlated with any of the other independent variables. If this is the case, the variance evident in the plot will be an underestimate of the true variance.
References
http://www.itl.nist.gov/div898/software/dataplot/refman1/auxillar/ccpr.htm