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lidiya [134]
3 years ago
14

What does a residual value of –0.8 mean in reference to the line of best fit?

Mathematics
2 answers:
dybincka [34]3 years ago
6 0

Answer:

<em>Residual value of -0.8 means the actual point is 0.8 units below the best fit line.</em>

Step-by-step explanation:

The difference between the observed value of the dependent variable and the predicted value is called the residual.

Mathematically,

e = y -\hat{y}

where,

e = residual,

y = observed value,

ŷ = predicted value.

When the residual is negative, the data point is below the graph or best fit line.

Residual value of -0.8 means the actual point is 0.8 units below the best fit line. It also means that the actual value is 0.8 lesser than the predicted value.

stiks02 [169]3 years ago
5 0
<span>The given point is 0.8 units below the line of best fit </span>
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