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In the context of linear regression, what does 'residual' refer to?
Practice Questions
Q1
In the context of linear regression, what does 'residual' refer to?
The predicted value of the dependent variable
The difference between the observed and predicted values
The slope of the regression line
The variance of the independent variable
Questions & Step-by-Step Solutions
In the context of linear regression, what does 'residual' refer to?
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