In linear regression,we fit the least squares line to a set of values (or points on a scatterplot).The distance from the line to a point is called the:
A) fitted value
B) residual
C) correlation
D) covariance
E) None of these options

Question

Quizplus · Accepted Answer

The distance from the least squares line to a point is called the residual. The other options are not correct definitions of this concept.

In Linear Regression,we Fit the Least Squares Line to a Set