Are residuals the same as error?

Related questions

1. What is RMS of a signal?
2. What does S mean in statistics regression?
3. What is mean percentage error?
4. What does R squared value tell us?
5. What RMS means?
6. What is a good mean absolute error?
7. Can MAPE be negative?
8. What is a good MSE?
9. What is the error term in regression?
10. Can Mean absolute error be negative?

Tags

1. #related
2. #minimize
3. #determine
4. #observable
5. #hence
6. #tries
7. #hypothetical
8. #regression
9. #residual
10. #between
11. #predicted
12. #value
13. #model
14. #observed
15. #error
16. #difference