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Mathematics, 19.05.2020 18:01 chriscol4082

G a. What is a residual? b. In what sense is the regression line the straight line that "best" fits the points in a scatterplot? a. What is a residual? A. A residual is a value that is determined exactly, without any error. B. A residual is the amount that one variable changes when the other variable changes by exactly one unit. C. A residual is a value of yminusModifyingAbove y with caret, which is the difference between an observed value of y and a predicted value of y. D. A residual is a point that has a strong effect on the regression equation. b. In what sense is the regression line the straight line that "best" fits the points in a scatterplot? The regression line has the property that the ▼ sum of squares sum of the residuals is the ▼ lowest highest possible sum.

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