Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. it can be shown that the sum of the residuals from

It can be shown that the sum of the residuals from a least squares regression...

50.1K

Verified Solution

Question

Basic Math

image

It can be shown that the sum of the residuals from a least squares regression line always equals zero.a)Does it follow from this fact that the mean of the residuals must equal zero?A.YesB.Nob) Does it follow from this fact that the median of the residuals must equal zero-yes or no?A. YesB.NoThis question should be very easy for all students, but some struggle. The question bsum of values equals zero, does the mean have to equal zero, and does the median have tanswer is yes to the first, because the mean is calculated as the sum divided by the n

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Consider a population of antelope, with P0=2,750, carrying capacity K=3,875, and growth rate r=0.073 (or 7.3%)...

Physics
1.2K views

A current of 6 A passes through the wire shown in figure Then magnitude of...

Physics
1.2K views

12 Assertion As wind flows left to right and a ball is spinned as shown...

Calculus
1.2K views

A car dealership has 7 red 4 silver and 8 black cars on the lot...

Algebra
1.2K views

This mapping shows a functional relationship Domain Range AL WN 2 3 4 4 0...

Accounting
1.2K views

Jim's Espresso expects sales to grow by 10.3 % next year. Using the following statements...

Accounting
1.2K views

Exercise 3-7 (Algo) Applying Overhead; Cost of Goods Manufactured [LO3-3, LO3-4] The following cost data...

Accounting
1.2K views

Los contadores que son empleados de empresas comerciales se conocen como

Accounting
1.2K views

TAYLOR ENTERPRISES is owned by Edmund Taylor and has a January 31 fiscal year end....

Accounting
1.2K views

Continuous improvement is: a. Philosophy of production rather than a principle b. Is...

Accounting
1.2K views

Sandy is looking over the accounts of one of the company's creditors. The company has...

Accounting
1.2K views

Coffee Bean Inc. (CBI) processes and distributes a variety of coffee. CBI buys coffee beans...