It can be shown that the sum of the residuals from a least squares regression...
50.1K
Verified Solution
Link Copied!
Question
Basic Math
It can be shown that the sum of the residuals from a least squares regression line always equals zero.a)Does it follow from this fact that the mean of the residuals must equal zero?A.YesB.Nob) Does it follow from this fact that the median of the residuals must equal zero-yes or no?A. YesB.NoThis question should be very easy for all students, but some struggle. The question bsum of values equals zero, does the mean have to equal zero, and does the median have tanswer is yes to the first, because the mean is calculated as the sum divided by the n
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
