What does a residual value of 1.3 mean when referring to the line of best fit of a data set?
A data point is 1.3 units above the line of best fit.
A data point is 1.3 units below the line of best fit.
The line of best fit has a slope of –1.3
The line of best fit has a slope of 1.3.
A data point is 1.3 units above the line of best fit.
A data point is 1.3 units below the line of best fit.
The line of best fit has a slope of –1.3
The line of best fit has a slope of 1.3.