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LINEAR REGRASSION — Statistics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceStatisticsLINEAR REGRASSION1 Mark
Question
What is an error in context with a regression line ?
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Answer

  • The difference between the observed value $y$ of the variable $Y$ and the estimated value $ŷ$ of $y$ obtained by the regression model is called an error in context with a regression line. It is denoted by $‘e’.$ Thus, $e = y – ŷ.$

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