The estimates of the error term are modeled by the

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.4: Solving Quadratic Equations By Factoring
Problem 2GP
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The estimates of the error term are modeled by the

 

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Step 1 are

Generally,the error term includes everything that separates our model from actual reality.

Suppose if we take the regression model which is represented as follows 

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