In a regression analysis, the residuals represent:
A) the difference between the actual x and y values.
B) the difference between the actual y values and the predicted values.
C) the difference between the actual x values and the predicted values.
D) the change in y per a one-unit change in x.

Question

Quizplus · Accepted Answer

The residuals represent the difference between the actual y values and the predicted values. This is the measure of error in the regression analysis and is used to assess the accuracy of the model's predictions. The residuals should be normally distributed and random, with no discernible pattern, indicating that the model is a good fit for the data.

In a Regression Analysis, the Residuals Represent