Asked by Taylor Morrison on Apr 24, 2024

verifed

Verified

The statistical model for linear regression can be expressed as which of the following equations?

A) DATA = FIT + RESIDUAL
B) FIT = DATA + RESIDUAL
C) RESIDUAL = DATA + FIT
D) DATA = FIT

Linear Regression

An analytical technique that models the connection between a dependent variable and one or more independent variables.

Statistical Model

A mathematical representation of observed data that accounts for randomness and uncertainty in the observations.

Equation

A mathematical statement that asserts the equality of two expressions, represented by the symbol "=".

  • Acquire knowledge on the foundational aspects of simple linear regression, particularly in representing the association between two quantitative variables.
verifed

Verified Answer

PS
Pinky Sandhu8 days ago
Final Answer :
A
Explanation :
The correct equation for a linear regression model is DATA = FIT + RESIDUAL, where DATA represents the observed values, FIT represents the predicted values based on the linear model, and RESIDUAL is the difference between the observed and predicted values.