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    Statistics
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    Statistics for Business and Economics Study Set 3
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    Exam 14: Simple Linear Regression
  5. Question
    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 42

Question 42

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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