Residual variance

{
  "id": "MLC-T-MET-008528",
  "term": "Residual variance",
  "field": "Meteorology and atmospheric science",
  "definition": "The portion of the total variance in a dependent variable that is not explained by the independent variables in a statistical model. It represents the variability in the data that remains after accounting for the model's predictions. A lower residual variance indicates a better fit of the model to the observed data.",
  "synonyms": [
    "unexplained variance"
  ],
  "see_also": [
    "mean-square error"
  ],
  "url": "https://mlchart.com/terminology/meteorology/residual-variance/"
}