What is the distance between each data point and the regression line called?
A) Error of estimate
B) Standard error of estimate
C) Standard deviation
D) Standardized error

Question

Quizplus · Accepted Answer

The distance between each data point and the regression line is called the "error of estimate" or "residual." It represents the difference between the observed value and the value predicted by the regression line.

What Is the Distance Between Each Data Point and the Regression