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Ansley Byers
on Nov 23, 2024

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In simple linear regression, one can use the plot of residuals versus the fitted values of y to check for a constant variance as well as to make sure that the linear model is in fact adequate.

Linear Regression

A statistical method for modeling the relationship between a dependent variable and one or more independent variables by fitting a linear equation to the data.

Residuals

The differences between observed values and the expected values predicted by a model.

Fitted Values

Estimates or predictions generated by a statistical model that represent the best guesses for the dependent variable based on the model and the input values.

  • Understand the theory and consequences of residual analysis within regression models.
  • Understand the role of residuals in validating regression models.
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Vishal VeeraNov 25, 2024
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