Residuals
a residual is the difference between the actual value and the predicted value.
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Mathematics, 27.11.2019 20:31 lashaydews12
Residuals
a residual is the difference between the actual value and the predicted value.
suppose the regression line modeling ticket sales is y = –5.9x + 170.85, where x represents ticket price and y represents attendance.
1. what is the predicted attendance when the ticket price is $5?
2. the actual attendance was 160 when the ticket price was $5.
find the residual: – =
Answers: 1
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