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Which is the best estimate of the residual value when x = 1?

-1


-0.5


0.5


1.5

Which is the best estimate of the residual value when x = 1? -1 -0.5 0.5 1.5-example-1

1 Answer

4 votes
The best estimate of the residual value when x = 1 is 1.5 (5-3.5). The Residual value is a difference between the measured value and the predicted value of a regression analysis. The graphic show the diagonal line as the predicted value, therefore if x = 1, the predicted value would be 3.5 and the point shows the measured value which is 5.
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User Cnk
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