Hello again,
I have a scatter plot I have been asked to identify the point that has the greatest magnitude (is this the point furthest form the line of regression?) Then once I have the point I have to write down the data pair ( I assume that is the x,y coordinates) Then I have to calculate the resuidaul for this data pair. I am unsure as to hoe to do this? ( is it suntracting the measured value form the predicted value?) COuld you please explain ??
I have a scatter plot I have been asked to identify the point that has the greatest magnitude (is this the point furthest form the line of regression?) Then once I have the point I have to write down the data pair ( I assume that is the x,y coordinates) Then I have to calculate the resuidaul for this data pair. I am unsure as to hoe to do this? ( is it suntracting the measured value form the predicted value?) COuld you please explain ??