Multiple Choice
Suppose a sample regression equation is given by = 3 + 0.40x. Suppose when x is 10 y is observed to be 8. What is the residual of the model prediction, and does the model under or overpredict the value of y?
A) = −1, the model overpredicts y
B) = 1, the model overpredicts y
C) = 1, the model underpredicts y
D) = −1, the model underpredicts y
Correct Answer:

Verified
Correct Answer:
Verified
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