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anonymous
 one year ago
What does it mean to say that a data point has a residual of 1?
anonymous
 one year ago
What does it mean to say that a data point has a residual of 1?

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anonymous
 one year ago
Best ResponseYou've already chosen the best response.0In regression analysis, the difference between the observed value of the dependent variable (y) and the predicted value (ŷ) is called the residual (e). Each data point has one residual. Both the sum and the mean of the residuals are equal to zero.

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0A. The predicted value for that point is 1. B. The point lies 1 unit below the regression line. C. The point lies directly on the regression line. D. The point lies 1 unit above the regression line.
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