A Residual Measures:
A) the Unobservable Error Term $\varepsilon$
B) the Distance Between the Actual Value and the

Multiple Choice

A residual measures:

A) The unobservable error term, $\varepsilon$ .
B) The distance between the actual value and the predicted value.
C) The distance between $\beta$ -hat and the actual value of $\beta$ .
D) The expected value of the dependent variable.