danmarino

What kind of value is the Estimated or predicted value of y?

Yesterday I felt quite embarased when i was not able to answer please tell me about the term Estimated or predicted value of y.
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home alone!!
"The value of the dependent variable, denoted by that is calculated for a given value of x using the estimated regression model."
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bilva-vineet
"Together with privacy fencing cost the standard price of the actual answer variable for a presumption combination of preditor ideals, since outlined on the preceding site, it's also probable to make predictions in the values of recent proportions or perhaps findings coming from a process. In contrast to truth common reply, a whole new way of measuring is usually actually evident in the foreseeable future. Nonetheless, there are a variety of different circumstances where a prevision of the dimension worth could possibly be far more attractive in comparison with basically creating the observance through the practice. "
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