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    Statistics for Business Study Set 3
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    Exam 14: Simple Linear Regression
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    Regression Analysis Was Applied and the Least Squares Regression Line
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Regression Analysis Was Applied and the Least Squares Regression Line

Question 36

Question 36

Multiple Choice

Regression analysis was applied and the least squares regression line was found to be Regression analysis was applied and the least squares regression line was found to be   = 500 + 4x What would the residual be for an observed value of (3, 510) ? A)  2 B)  512 C)  510 D)  -2 = 500 + 4x What would the residual be for an observed value of (3, 510) ?


A) 2
B) 512
C) 510
D) -2

Correct Answer:

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