Interpretation related to response model (RSM)
I attached an image. Please advise me on the following:1) Actual by predicted plot: What is the red line, light red zone, and how should be the light red zone (I assume confidence band) be to be more robust and accurate? In my case It's very wide. Also, you can see the pvalue below the plot is 0.2188. If dots are inside the confidence band, is it a good sign?2) Residual by predicted plot--> How sh...