what does a residual value of -0.8 mean in reference to the line of best fit?\nthe given point is 0.8 units…
what does a residual value of -0.8 mean in reference to the line of best fit?\nthe given point is 0.8 units above the line of best fit.\nthe given point is 0.8 units below the line of best fit.\nthe line of best fit is not appropriate to the data.\nthe line of best fit has a slope of 0.8.
Answer
Brief Explanations:
The residual is the difference between the observed - value and the predicted - value from the line of best fit. A negative residual means the observed value is below the predicted value (on the line of best fit). So a residual of - 0.8 means the given point is 0.8 units below the line of best fit.
Answer:
The given point is 0.8 units below the line of best fit.