Choose the one alternative that best completes the statement or answers the question.
-A residual is the difference between
A) the observed value of y and the predicted value of y.
B) the observed value of x and the predicted value of x.
C) the observed value of y and the predicted value of x.
D) the observed value of x and the predicted value of y.

Question

Quizplus · Accepted Answer

A residual is calculated as the difference between the observed value of y (actual outcome) and the predicted value of y (estimated outcome) in regression analysis.

Choose the One Alternative That Best Completes the Statement or Answers