What does it mean to say that a data point has a residual of one?
A)The point lies one unit below the regression line
B)The X coordinate of the point is 1
C)The point lies directly on their regression line
D) The point lies one unit above the regression line

ANSWERS

2017-08-16 03:58:16

C. Its the observed value minus the predicted value.from the regression line. -1 would be the residual of the point one unit below the regression line.

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