Which of the Following Statements Is True About Residuals? If

Multiple Choice

Which of the following statements is true about residuals? If all of the statements are true choose (d) .

A) The residual can be computed by finding the difference between the deterministic component and the random component of the regression model.
B) The residual can be found by finding the difference between the actual observed value and the predicted value of the dependent variable.
C) The residual can be found by finding the difference between the actual observed value and the predicted value of the independent variable.
D) All of the above are true.