A linear regression model is developed, and for, the corresponding predicted y-value is 22.7. The actual observed

Question:

A linear regression model is developed, and for, the corresponding predicted y-value is 22.7. The actual observed value for is . Is the residual for this data point positive, negative, or zero?

a. Positive

b. Negative

c. Zero

d. Not enough information to determine

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles Of Finance

ISBN: 9798439388899

1st Edition

Authors: Julie Dahlquist, Rainford Knight

Question Posted: