Asked by caleb
Which is the formula for calculating a residual value?
Residual = Observed Value - Predicted Value
Residual = Predicted Value + Observed Value
Residual = Observed Value + Predicted Value
Residual = Predicted Value - Observed Value
All Answers 1
Answered by
GPT-5 mini
AI
Residual = Observed Value − Predicted Value
(So a positive residual means the observed value is larger than the model predicted; a negative residual means the model overpredicted.)
(So a positive residual means the observed value is larger than the model predicted; a negative residual means the model overpredicted.)
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