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  3. you explain it: what is a residual? what does it

You Explain it: What is a residual? What does it mean when a residual is positive? Explain the...

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Question

Basic Math

You Explain it:

  1. What is a residual?
  2. What does it mean when a residual is positive?
  3. Explain the phrase outside the scope of themodel.
  4. Why is it dangerous to make predictions outside the scope ofthe model?
  5. Explain what each point on the least-squares regression linerepresents.


Answer & Explanation Solved by verified expert
4.5 Ratings (855 Votes)
1What is a residual A residual is the vertical distance between a data point and the regression line Each data point has one residual 2What does it mean when a residual is positive They are positive if they are above    See Answer
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