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what does a residual value of -0.8 mean in reference to the line of bes…

Question

what does a residual value of -0.8 mean in reference to the line of best fit? the given point is 0.8 units above the line of best fit. the given point is 0.8 units below the line of best fit. the line of best fit is not appropriate to the data. the line of best fit has a slope of 0.8.

Explanation:

Brief Explanations

The residual is the difference between the observed value and the predicted value from the line of best - fit. A negative residual means the observed value (the given point) is less than the predicted value, so it is below the line of best - fit. The magnitude of the residual gives the distance in units.

Answer:

The given point is 0.8 units below the line of best fit.