Mathematics, 14.01.2021 22:50 GreenHerbz206
A researcher creates a scatter plot that displays the relationship between the number of years in business, x, and the percentage of company business that is fair trade, y. The researcher creates a line of best fit, y=0.091x+0.060, and wants to find the residuals for the companies that have been in business for 3 years.
Find the residuals for the two points representing companies that have been in business for 3 years, (3, 0.42) and (3, 0.3).
What is the residual for the company with the point (3, 0.42)?
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