Question: What is a residual? What does it mean when a residual is positive? Choose the correct answer below. O A. A residual is the difference

 What is a residual? What does it mean when a residual

What is a residual? What does it mean when a residual is positive? Choose the correct answer below. O A. A residual is the difference between an observed value of the response variable y and the value of the corresponding explanatory variable x. If it is positive, then the response variable is greater than the explanatory variable O B. A residual is the difference between an observed value of the response variable y and the predicted value of y. If it is positive, then the observed value is greater than the predicted value. O C. A residual is the difference between an observed value of the response variable y and the average value of the response variable, If it is positive, then the response variable is greater than the mean. O D. A residual is a data point that does not fit the pattern of the rest of the data. If it is positive, then the data point should still be included in the data set

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!