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In Multiple Regression Analysis,a Residual Is the Difference Between the Value

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In multiple regression analysis,a residual is the difference between the value of an independent variable and its corresponding dependent-variable value.


Definitions:

Warranties

Promises or guarantees made by a seller regarding the condition or functionality of a product or service.

Payor Bank

The bank that is responsible for paying the draft or check written by a depositor.

Uncertified Check

A check that has not been verified or guaranteed by the bank upon which it is drawn.

Provisionally Credits

Temporarily recorded credits in an account that are subject to confirmation.

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