A Regression Equation Is Found That Predicts the Increased Cost

Multiple Choice

A regression equation is found that predicts the increased cost of a home owner's electricity bill
Given the number of holiday lights they put on the outside of their house. The equation is dol^lars =
2) 5 + 0.02(light) . If a house has 400 lights and a $15 increase in their electricity cost, find their
Residual.

A) $5
B) $20
C) $15
D) -$15
E) -$5