The Residual Is the Difference Between the ________ and the ________

question 59

Multiple Choice

The residual is the difference between the ________ and the ________.

• A) observed value of x; predicted value of y
• B) observed value of y; predicted value of y
• C) predicted value of x; observed value of x
• D) predicted value of y; observed value of y

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Definitions:

Ratio

A numerical relationship showcasing how many times one number can include or fit into another.

Proportion

A mathematical concept that denotes a part, share, or number considered in comparative relation to a whole.

Dow Jones Industrial Index

A stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States.

Currency Cross Rates

These are exchange rates between two currencies, neither of which is the domestic currency of the country where the quote is given.