The Term Residuals in Regression Refers To

question 11

Multiple Choice

The term residuals in regression refers to:

• A) Standard errors of estimate
• B) Predicted values
• C) Errors of prediction
• D) The term Σ(Y - Y')²

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Definitions:

Occurs

Happens or takes place.

Conditional Probability

The likelihood of one event happening when it's known that a different event has already taken place.

Intersection

The point at which two lines or paths cross each other, or the set of elements common to two or more sets.

Independent Events

Two events are independent if the outcome of one does not affect the outcome of another.