Answer to Question #224534 in Statistics and Probability for sandra

Question #224534

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

Learn more about our help with Assignments: Statistics and Probability

No comments. Be the first!

Who Can Help Me with My Assignment

There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
How to Finish Assignments When You Can’t

Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
How to Effectively Study for a Math Test

Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…