Femme_physics
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The interesting thing about all this is that if we now pull the bar out again it the stress strain graph will now follow the dashed curve you are asking about, which has the same slope as the original linear region, so Young's Modulus is the same in this new region.
The linear elastic region will be longer than before.
If we pull the bar right out as far as point 4 and then let go, the bar will adopt a new unloaded length 0.2% longer than the original.
The stress at which this happens is called the 0.2% proof stress
Studiot said:So yes, .2% = .002 strain units or 2 millistrain.