Residuals

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      Lesson summary:

      The video is about residuals, which represent the difference between the actual and predicted values. The residual is calculated by subtracting the predicted value (y hat) from the actual value (y). In the video, the residual is calculated for two points on a graph of study time (x axis) and grade point average (y axis). The residuals are either positive or negative, indicating whether the actual value is above or below the regression line.

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