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Observed/Fitted Values and Residuals on Categorical Variables

Observed/Fitted Values and Residuals on Categorical Variables

Learn how to draw conclusions from the results of a regression on categorical variables.

We'll cover the following...

Recall that we defined the following three concepts:

  • Observed values𝑦𝑦, or the observed value of the outcome variable

  • Fitted values y^ \hat y ...