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    Statistics
  3. Study Set
    Essentials of Business Statistics
  4. Exam
    Exam 14: Linear Correlation and Simple Linear Regression Analysis
  5. Question
    Suppose for a Given Data Set the Regression Equation Is
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Suppose for a Given Data Set the Regression Equation Is

Question 27

Question 27

Multiple Choice

Suppose for a given data set the regression equation is: y = 54.78 + 1.45x, and the point (0.00, 24.78) is in the data set. The residual for this point is ___.


A) 24.78
B) −24.78
C) 0.00
D) 30.00
E) −30.00

Correct Answer:

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