Learn about this topic in these articles: in statistics: Residual analysis. The ith residual is the difference between the observed value of the dependent variable, y i, and the value predicted by the estimated regression equation, Å· i. These residuals, computed from the available data, are treated as estimates of the model error, Îµ.
Get an INSTANT estimate of the cost to Install a Wood Floor! Our free calculator uses recent, trusted data to estimate costs for your Hardwood Flooring Installation project. For a basic 120 square feet project in zip code 47474, the benchmark cost to Install a Wood Floor ranges between $8.21 - $11.04 per square foot* .To estimate costs for your project:1.or a basic 120 square feet project in zip code 47474, the benchmark cost to Install a Wood Floor ranges between $8.21 - $11.04 per square foot* . To estimate costs for your project: 1.
Burton says his customers typically spend about $8 per square foot for engineered hardwood flooring; add an additional $2 per square foot for installation. Minion says consumers should expect to pay $7 to $12 per square foot for quality hardwood flooring. âIf the homeowner buys the wood and you need somebody to install it, usually an installation goes for about $2 a square foot,â Bill LeBeau, owner of LeBeauâs Hardwood Floors of Huntersville, North Carolina, says. According to Angieâs List data, the average hardwood install costs $2,141, with prices ranging from $1,800 to $2,475.