101k views
4 votes
What are residuals and how do i test them against a line of best fit?

1 Answer

3 votes
A residual is the difference between the measured value and the predicted value of a regression model. The residuals express the difference between the data on the line and the actual data so the values of the residuals will show how well the residuals represent the data.

User Robert Hunt
by
7.5k points