residual standard deviation


The standard deviation between the values observed and the values that are predicted. The difference in values is known as the residual.

Use this term in a sentence

You should try and break down the residual standard deviation and decide if there is a way you can improve.

​ Was this Helpful? YES  NO 8 people found this helpful.

We can only hope that the residual standard deviation bears fruit when the next fiscal period is included on the spreadsheet.

​ Was this Helpful? YES  NO 5 people found this helpful.

Based on their research they were able to return the residual standard deviation. They were happy to know it was closer than they would have thought.

​ Was this Helpful? YES  NO 9 people found this helpful.

Show more usage examples...

Related Terms

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
residual security appraisal ratio