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​Errors of Predictive Models

Chapter 02 - ​Errors of Regression Models (Part 1)

Lesson ​08 - ​​Practice Session

Download the Excel file below, then take at least 10 minutes completing the exercises ​- more if you have time.

Exercise 1: Learn how to calculate the residuals

Go through the Excel workbook and make sure you understand how to calculate the residuals

Exercise 2: Analyse your own data

Get a sample of your own data from one of your regression models and calculate the residuals using the methods detailed in the video.

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