Solved

Compute the Sum of Squared Residuals
-The Regression Line for the Given

Question 129

Multiple Choice

Compute the Sum of Squared Residuals
-The regression line for the given data is y^=3.53x+37.92\hat { y } = 3.53 x + 37.92 . Determine the residual of a data point for which x=x = 8 and y=65y = 65 .
 Years employed, x231078153111 Sales, y 3133786265614855120\begin{array}{l|c|c|c|c|c|c|c|c|c|}\hline \text { Years employed, } \mathrm{x} & 2 & 3 & 10 & 7 & 8 & 15 & 3 & 1 & 11 \\\hline \text { Sales, y } & 31 & 33 & 78 & 62 & 65 & 61 & 48 & 55 & 120\end{array}


A) 1.16- 1.16
B) 131.16131.16
C) 66.1666.16
D) 259.37- 259.37

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions