Suppose you fit a linear regression model predicting scores on an exam from the number of hours studied. Let's say you have studied for 4 hours.
Would you prefer to be on the line, below the line, or above the line?
What would the residual for your score be (0, negative, or positive)?
ANSWER::
**I would like to be above the regression line.Because it shows that my performence is better i.e. with less number of hours studied i can score good enough.
** The residual for my score will be positive.
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Suppose you fit a linear regression model predicting scores on an exam from the number of...