Residual value is the estimated value of an asset at the end of its useful life. It's used to figure out things like the value of a car at the end of a lease or how much equipment is worth after it's ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of ...

The added variable plots proposed by Pregibon and Wang and the partial residual plots proposed by Pregibon and Landwehr and co-workers for generalized linear models have been found useful for ...

A dynamic graphical display is proposed for uniting partial regression and partial residual plots. This animated display helps students understand multicollinearity and interpret the variance ...