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What does it mean to say that a data point has a residual of -1

What does it mean to say that a data point has a residual of -1
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What does it mean to say that a data point has a residual of -1

User Freeman
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7.9k points

1 Answer

3 votes

Answer:

the point lies 1 unit below the regression line.

Explanation:

User Max Shron
by
8.2k points
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