In regression analysis, the residuals represent the:
A) difference between the actual y values and their predicted values
B) difference between the actual x values and their predicted values
C) square root of the slope of the regression line
D) change in y per unit change in x
E) difference between the actual x and y values

Question

Quizplus · Accepted Answer

The residuals in regression analysis represent the difference between the actual y values and their predicted values. The goal of regression analysis is to minimize the sum of these residuals and create the best-fit line to the data.

In Regression Analysis, the Residuals Represent The