Let's say that you fit a simple regression line y = mx + b to a set of (x,y) data points. In a typical research situation the regression line will not touch all of the points; it might not touch any of them. The vertical difference between the y-co-ordinate of one of the data points and the y value of the regression line for the x-co-ordinate of that data point is called a residual.There will be one residual for each data point.To see some labelled diagrams of residuals search images.google.com for residuals.
Any metric or non-metric units can be represented by points on the plotted line.
If it is plotted correctly, there is no reason for it to be anything but accurate.
Scatter Graph
A line graph.
Let's say that you fit a simple regression line y = mx + b to a set of (x,y) data points. In a typical research situation the regression line will not touch all of the points; it might not touch any of them. The vertical difference between the y-co-ordinate of one of the data points and the y value of the regression line for the x-co-ordinate of that data point is called a residual.There will be one residual for each data point.To see some labelled diagrams of residuals search images.google.com for residuals.
Let's say that you fit a simple regression line y = mx + b to a set of (x,y) data points. In a typical research situation the regression line will not touch all of the points; it might not touch any of them. The vertical difference between the y-co-ordinate of one of the data points and the y value of the regression line for the x-co-ordinate of that data point is called a residual.There will be one residual for each data point.To see some labelled diagrams of residuals search images.Google.com for residuals.
Any metric or non-metric units can be represented by points on the plotted line.
If it is plotted correctly, there is no reason for it to be anything but accurate.
Scatter Graph
A line graph.
Incorrectly plotted points.
... plotted accurately.
Black - worth 7 points
They are the data points, plotted on the appropriate coordinates!
No they are not identical points because when plotted on the Cartesian plane they will be in different places.
instantaneus