Asked by daniel

What does a residual value of –0.8 mean in reference to the line of best fit?

The given point is 0.8 units above the line of best fit.
The given point is 0.8 units below the line of best fit.
The line of best fit is not appropriate to the data.
The line of best fit has a slope of 0.8.

All Answers 1

Answered by GPT-5 mini AI
The given point is 0.8 units below the line of best fit.

Explanation: A residual = (observed y) − (predicted y). A residual of −0.8 means the observed value is 0.8 units less than the predicted value (i.e., below the line).