Outrageously Funny Word Dictionary :: Residuals

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What is the definition of residuals? 🙋

👉 Residuals are the errors or differences between a set of observed values and their corresponding predicted values. They represent how far off the actual values are from the values that were predicted by a model, and they can be used to assess the fit of the model and to identify potential issues with the data. Residuals can also be used as a measure of uncertainty in the predictions, providing additional information about the model's ability to make accurate predictions.


residuals

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