Residual Plot

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dibeltran
Posts: 2
Joined: Fri May 16, 2014 8:45 am

Residual Plot

Postby dibeltran » Fri May 16, 2014 8:50 am

Hi,

I am trying to interpret the residuals from a regression. I entered the command actual, fitted residual table, and I want to know what the dashed lines represent in the residual plot.

Thank you,

Diana
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EViews Esther
EViews Developer
Posts: 149
Joined: Fri Sep 03, 2010 7:57 am

Re: Residual Plot

Postby EViews Esther » Fri May 16, 2014 9:28 am

Standard deviations of residuals. If errors~N(0,1), then the dashed lines would be -1 and 1.
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