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A simple regression equation decomposes the observed data into two parts: the fitted values and the residuals. What is the interpretation of a residual? a.

A simple regression equation decomposes the observed data into two parts: the fitted values and the residuals. What is the interpretation of a residual?

a. The horizontal distance from a point to the fitted regression line

b. The vertical distance from a point to the fitted regression line

c. The squared vertical distance from a point to the fitted regression line

d. The intercept of the regression line

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