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Which of the following statements is best?
Standardized Residuals
Residuals normalized to have a mean of zero and a standard deviation of one, used in regression analysis to identify outliers.
Regression Equation
An equation that estimates the relationship between a dependent variable and one or more independent variables.
Predicted Values
These are values estimated based on a model, representing what is likely to happen under certain conditions according to that model.
Homoscedasticity
The condition where the variance of the residuals, or errors, in a regression model is constant across all levels of the independent variable.
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