[R] lm model......

[akshay kulkarni]

dear members,
                            I am a day trader based in INDIA. I use R for my research.

I have simple question: Does the predict() function in R in linear regression model take into account the residuals?
Or it just calculates the new value from the fitted coefficients of the formula,  as got from the lm model?

I could have looked into the code of predict() function but I thought I could get more insightful answer from experts in this mailing list...

very many thanks for your time and effort....
yours sincerely,
AKSHAY M KULKARNI

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