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A random variable in a model representing the difference between the response variable and the assumed model prediction. Also known as residual error.
Synonyms:
residual error
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by Fred Schenkelberg Leave a Comment
A random variable in a model representing the difference between the response variable and the assumed model prediction. Also known as residual error.
I am the reliability expert at FMS Reliability, a reliability engineering and management consulting firm I founded in 2004. I left Hewlett Packard (HP)’s Reliability Team, where I helped create a culture of reliability across the corporation, to assist other organizations.
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