Residual extrema when response extrema are attained

ID: residual-extrema-when-response-extrema-are-attained

For a finite sample, let , , and . The regression residuals are . Every residual is at least and at most . At an observation attaining , its residual is at most , so . At an observation attaining , its residual is at least , so . These observations prove all four bounds. Merely knowing theoretical response limits, without attainment, would not justify the two inner bounds.

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