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Q: What does it mean to say that a data point has a residual of negative one?

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The point lies 1 unit below the regression line.

The point lies 1 unit below the regression line.

The data point is close to the expected value.

Of course it is! If the mean of a set of data is negative, then the coefficient of variation will be negative.

Negative z value means that the raw dat is below the mean, if z value is positive it means that the raw data is above the mean.

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The point lies directly on the regression line.

The point lies 1 unit below the regression line.

The point lies 1 unit below the regression line.

Residual point

The point lies one unit above the regression line.

Yes. If much of your data has negative values, it's likely that the mean will be negative, too.

The data point is close to the expected value.

Of course it is! If the mean of a set of data is negative, then the coefficient of variation will be negative.

Of course it is! If the mean of a set of data is negative, then the coefficient of variation will be negative.

Negative longitude meabs that the ballon is in the western hemisphere.

line graph

Negative z value means that the raw dat is below the mean, if z value is positive it means that the raw data is above the mean.

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