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    Statistics
  3. Study Set
    Understanding Business Statistics
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    Exam 11: Basic Regression Analysis
  5. Question
    In Simple Linear Regression, the Difference Between a Predicted Y
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In Simple Linear Regression, the Difference Between a Predicted Y

Question 30

Question 30

True/False

In simple linear regression, the difference between a predicted y value and an observed y value is commonly called the residual or error value.

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