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Recall that the definition of a residual is ??=????^. Residual values closer to 0 are indicative of a more accurate prediction. In terms of comparing
Recall that the definition of a residual is ??=????^. Residual values closer to 0 are indicative of a more accurate prediction. In terms of comparing an observed value and a value predicted from a model, what does a large positive residual indicate? What does a large negative residual indicate
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