Which of the following statements are not true?
A) The predicted value
Is the value of y that we would predict or expect when using the estimated regression line with
B) The predicted value
Is the height of the estimated regression line above the value
For which the
Observation was made.
C) The residual
Is the difference between the observed
And the predicted
D) If the residuals are all large in magnitude, then much of the variability in observed y values appears to be due to the linear relationship between x and y, whereas many small residuals suggest quite a bit of inherent variability in y relative to the amount due to the linear relation.
E) All of the above statements are true.
Correct Answer:
Verified
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