What is the difference between $y-\hat{y}$ and $\hat{y}-\bar{y}$ ?
Attachments
Image attachment 1 for homework question
Image attachment 1
6 months agoReport content

Answer

Full Solution Locked

Sign in to view the complete step-by-step solution and unlock all study resources.

Step 1
I'll solve this problem step by step, carefully explaining the difference between these statistical notation terms.

Step 2
: Understanding $y$

- $y$ represents an individual observed value in a dataset
- This is the actual, raw data point from a sample or population

Final Answer

- $y - \hat{y}$ measures individual prediction error - $\hat{y} - \bar{y}$ measures the model's deviation from the mean