In a linear regression, $\varepsilon$, read as epsilon, is
A) a dummy variable.
B) the unrounded number.
C) the random error.
D) is the relationship between variables.

Question

Quizplus · Accepted Answer

C) the random error term in a linear regression model represents the component of the dependent variable that cannot be explained by the linear relationship with the independent variable(s). It captures all other factors that influence the dependent variable but are not included in the model.

In a Linear Regression ε\varepsilonε , Read as Epsilon, Is A) a Dummy Variable

In a Linear Regression $\varepsilon$ , Read as Epsilon, Is
A) a Dummy Variable