Question

What does it mean to say that a data point has a residual of -1?

A. The predicted value for that point is -1.
B. The point lies 1 unit below the regression line.
C. The point lies directly on the regression line.
D. The point lies 1 unit above the regression line.

Answer 1

@robtobey

Answer 2

@Directrix

Answer 3

i think D

Answer 4

Residual Value Formula

Answer 5

explain?

Answer 6

actually i think B

Answer 7

The point lies 1 unit above the regression line.

If your first choice were true, then the data point would be one unit larger than the predicted value.

Answer 8

yea thats why i think b now

Answer 9

is B correct

Answer 10

Let's check this: The point lies 1 unit below the regression line.

P represents the predicted value. O represents the observed value.