Mathematics, 11.04.2020 00:00 reggie36151

How do you calculate the residual? SHOW ALL WORK.

A study was conducted into the relationship between the age in years of a person and their average weekly after tax income.

You have been supplied with the following information regarding a regression model that had been developed as part of the study.

Regression analysis
sample intercept 852.39
sample slope 1.73
A particular observed value from the data is:

x = 22, y = 904.59

Calculate the residual of this observed value of the response variable. Give your answer to 2 decimal places.

residual =

Answers: 2

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How do you calculate the residual? SHOW ALL WORK.

A study was conducted into the relatio...