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In a simple regression with an intercept and a single explanatory variable, the variation in Y can be decomposed into the explained sums of squares and the sum of squared residuals (see, for example, equation (4.35)in the textbook).
Consider any regression line, positively or negatively sloped in {X,Y} space. Draw a horizontal line where, hypothetically, you consider the sample mean of Y to be. Next add a single actual observation of Y.
In this graph, indicate where you find the following distances: the
(i)residual
(ii)actual minus the mean of Y
(iii)fitted value minus the mean of Y
Alike
Similar in nature, appearance, or characteristics; having resemblance or common features.
Inductive Generalization
An inferential method where extensive conclusions are drawn from particular instances.
Concentrate
To focus one's mental or physical effort on a particular activity, topic, or issue.
Quiet Places
Locations characterized by low levels of noise, often sought for relaxation or concentration.
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