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OpenStudy (anonymous):
STATISTICS. We are learning how to model a scatterplot using a linear regression. Why is it that in a residual plot, the mean is equal to 0? Recall that the values of the residuals may be determined by: residual = (actual y-val) - (predicted y-val)
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OpenStudy (anonymous):
So residuals are like the values we are off by
OpenStudy (anonymous):
This is going to be zero only for unbiased estimator.
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