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  2. Errors and residuals - Wikipedia

    en.wikipedia.org/wiki/Errors_and_residuals

    Thus to compare residuals at different inputs, one needs to adjust the residuals by the expected variability of residuals, which is called studentizing. This is particularly important in the case of detecting outliers, where the case in question is somehow different from the others in a dataset. For example, a large residual may be expected in ...

  3. Deviation (statistics) - Wikipedia

    en.wikipedia.org/wiki/Deviation_(statistics)

    A deviation that is the difference between the observed value and an estimate of the true value (e.g. the sample mean) is a residual. These concepts are applicable for data at the interval and ratio levels of measurement. [3]

  4. Residual (numerical analysis) - Wikipedia

    en.wikipedia.org/wiki/Residual_(numerical_analysis)

    When one does not know the exact solution, one may look for the approximation with small residual. Residuals appear in many areas in mathematics, including iterative solvers such as the generalized minimal residual method , which seeks solutions to equations by systematically minimizing the residual.

  5. Deviance (statistics) - Wikipedia

    en.wikipedia.org/wiki/Deviance_(statistics)

    In statistics, deviance is a goodness-of-fit statistic for a statistical model; it is often used for statistical hypothesis testing.It is a generalization of the idea of using the sum of squares of residuals (SSR) in ordinary least squares to cases where model-fitting is achieved by maximum likelihood.

  6. Root mean square deviation - Wikipedia

    en.wikipedia.org/wiki/Root_mean_square_deviation

    RMSD is always non-negative, and a value of 0 (almost never achieved in practice) would indicate a perfect fit to the data. In general, a lower RMSD is better than a higher one. However, comparisons across different types of data would be invalid because the measure is dependent on the scale of the numbers used.

  7. Studentized residual - Wikipedia

    en.wikipedia.org/wiki/Studentized_residual

    On the other hand, the internally studentized residuals are in the range , where ν = n − m is the number of residual degrees of freedom. If t i represents the internally studentized residual, and again assuming that the errors are independent identically distributed Gaussian variables, then: [ 2 ]

  8. What Is Residual Income and How Do You Make It? - AOL

    www.aol.com/residual-income-184623017.html

    Residual income is the money you have left after your bills are paid. Another term for it is discretionary income -- fitting, because residual income is yours to do with what you want. Ideally ...

  9. Coefficient of determination - Wikipedia

    en.wikipedia.org/wiki/Coefficient_of_determination

    R 2 = 0.998, and norm of residuals = 0.302. If all values of y are multiplied by 1000 (for example, in an SI prefix change), then R 2 remains the same, but norm of residuals = 302. Another single-parameter indicator of fit is the RMSE of the residuals, or standard deviation of the residuals. This would have a value of 0.135 for the above ...