The OLS Residuals

question 32

Multiple Choice

The OLS residuals

• A)can be calculated using the errors from the regression function.
• B)can be calculated by subtracting the fitted values from the actual values.
• C)are unknown since we do not know the population regression function.
• D)should not be used in practice since they indicate that your regression does not run through all your observations.

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Definitions:

Friendship

A close and enduring relationship, marked by feelings of care, respect, admiration, and support between individuals.

Commitment

The state or quality of being dedicated to a cause, activity, or job.

Compliance

The act of conforming to rules, standards, or instructions, often in a legal, ethical, or organizational context.

Resistance

Opposition or pushback against proposals, changes, or directives perceived as unwanted or detrimental.