Asked by Constance Pettway on Jul 18, 2024
Verified
A multiple linear regression model can be described by DATA = FIT + RESIDUAL.What does the RESIDUAL part represent?
A) The parameters of the model
B) The subpopulation means
C) The variation of observations about the means
D) None of the above
Residual
In statistics, a residual is the difference between the observed value and the value predicted by a model.
Multiple Linear Regression
An extension of linear regression that models the relationship between a dependent variable and two or more independent variables.
Variation
The degree to which data points in a statistical distribution or dataset differ from each other and from their mean.
- Familiarize oneself with the principles and applications involved in multiple linear regression analysis.
Verified Answer
Learning Objectives
- Familiarize oneself with the principles and applications involved in multiple linear regression analysis.
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