Answer to Question #223377 in Statistics and Probability for Koketso

Statistics and Probability

Question #223377

Consider the following regression equation Ŷ=18.92+1.11X The residual when X = 40 and the Y = 60 is?

Expert's answer

Solution:

Ŷ=18.92+1.11X

Put X=40

Ŷ=18.92+1.11(40) = 63.32

Given, Y = 60

So, residual = Ŷ-Y = 63.32 - 60 = 3.32

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