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Home/calculate the residual value

Tag: calculate the residual value

Statistics

Create Residual and Y Predicted in Excel

By Kanda Data / Date Apr 26.2022

Residual and predicted Y have an important role in linear regression analysis using the Ordinary Least Square (OLS) method. Several OLS linear regression method assumptions were conducted to test the residuals, including normally distributed residuals and constant residual variance.

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