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Residuals
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Actual – Predicted = Error Predicted
“Residual” in statistics is the same as “error” Residual = Actual y – Predicted y Source: 8/13/03 Actual Actual – Predicted = Error Predicted
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“Residual” in statistics is the same as “error” Residual = Actual y – Predicted y
Source: 8/13/03 Positive residual
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“Residual” in statistics is the same as “error” Residual = Actual y – Predicted y
Source: 8/13/03 Negative residual
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Residual plot
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1-1 correspondence between every point on the scatterplot and the corresponding point on the residual plot
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Residuals No Pattern Clear Pattern Appropriate Model
Concave up or down No Pattern Clear Pattern Increasing or decreasing Too high or low Appropriate Model Inappropriate Model Small Residuals Large Residuals Appropriate Model Appropriate Model, But Not Very Useful
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Pattern – Clear concave down pattern
Magnitude – Small residuals Conclusion - Not an appropriate model
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Pattern – No clear pattern
Magnitude – Fairly large residuals Conclusion - Appropriate , but not very useful model
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Pattern – No clear pattern
Magnitude – Small residuals Conclusion - Very appropriate model
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Pattern – Clear decreasing pattern
Magnitude – Small residuals Conclusion - Not an appropriate model
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Pattern – Clear pattern, residuals too low
Magnitude – Small residuals Conclusion - Not an appropriate model
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Residuals
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