Math, asked by jahmula2002, 1 year ago

What does a residual value of 1.3 mean when referring to the line of best fit of a data set?

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Answered by Bill5678

Residual value is the standard square errors that are calculated from the best fit line . The data was mapped on to a best fit line in the most precise way , so as to map as many points on the line. The remaining data points are estimated by SSE

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