The term in a regression equation that captures the residual in describing each point is the ____ term.
A)error
B)slope
C)β
D)intercept

Question

Quizplus · Accepted Answer

The term that captures the residual or unexplained variation in the dependent variable is the error term. This is also known as the residual term, and it represents the difference between the actual observed value of the dependent variable and the value that is predicted by the regression equation.

The Term in a Regression Equation That Captures the Residual