What is a fitted value for a multiple regression model and the data that is used to create it?

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02-08-2022
Mathematics

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What is a fitted value for a multiple regression model and the data that is used to create it?

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tanvigupta426 tanvigupta426 · Answer 1 · 2022-08-09T07:35:16-04:00

Fitted value is a prediction of the mean response value.

According to the statement

we have to explain the fitted value for the regression model and the data which uses to collect the value.

So, For this purpose, we know that the

A Fitted value is a statistical model's prediction of the mean response value when you input the values of the predictors, factor levels, or components into the model.

An the fitted value used in this model is called the predicted values of response variable in the case of multiple regression model.

And data which is used to create the fitted value is the simple data by which we create the fitted value by the predict the value of given data.

So, Fitted value is a prediction of the mean response value.

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