For any given model fit to a data set, the sum of the residuals is 0.

Name: For any given model fit to a data set, the sum of the residuals is 0.
Brand: Quizplus
Rating: 5.0 (31 reviews)

Question

Quizplus · Accepted Answer

In linear regression models, the sum of the residuals (differences between observed and predicted values) is designed to be zero, as the best-fit line is calculated in a way that minimizes the sum of the squared residuals, leading to a balance where their sum equals zero.

For Any Given Model Fit to a Data Set, the Sum