The residual is defined as the difference between the:
A) actual value of y and the estimated value of y.
B) actual value of x and the estimated value of x
C) actual value of y and the estimated value of x.
D) actual value of x and the estimated value of y.

Question

Quizplus · Accepted Answer

The residual is the difference between the actual value of the response variable (y) and the predicted or estimated value of the response variable (y hat). Therefore, option A is the correct choice. Option B is incorrect because it refers to x instead of y. Option C is incorrect because it refers to the estimated value of x instead of y. Option D is incorrect because it refers to the actual value of x instead of y.

The Residual Is Defined as the Difference Between The