This calculator determines the list of standardized residuals associated with each observation in a linear regression model.
The standardized residual is calculated using the following formula:
| Standardized Residual = |
|
Where,
yi = Observed (actual) value,
ŷi = Predicted value of the ith observation,
Se = Standard error of the residuals.
| Se = | √ |
|
Where,
n = Total number of data points,
p = Number of parameters in the model.