Question: 9 )A student creates a model for a data set. which of the following could be an appropriate residual plot for their quadratic regression ?

 9 )A student creates a model for a data set. which

of the following could be an appropriate residual plot for their quadratic

9 )A student creates a model for a data set. which of the following could be an appropriate residual plot for their quadratic regression ? More than one answer may apply. IL. III. 10 B) After getting a driver's license, the reality of monthly insurance costs ( premiums) sets in for many people. Insurance companies charge less for insureance the more years of experience a driver has. A local high school statistics class collects information from several insurance companies regarding their monthly insurance premiums. A regression model was calculated with the driver's experience (in years) as input values and monthly premiums ( in dollars) as the output values. The residual plot for the regression model and data points is below. The given residual plot has a point labeled p at the coordinate (6. -102.5). what does point P indicate in the context? Residuals (1##) The table below gives the ATM surcharge fee, in dollars, in the United States for selected years from 2002 to 2014. An exponential regression y= abt is used to model this data, whre t = 2 corresponds to 2002. Based on the exponential model, what is the error (residual) in the model in dollars for 2013, and is the value predicted by the model for 2013 an underestimate or overestimate of the surcharge fee . Year 2002 2004 2005 2008 2011 2013 2014 Surcharge (dollars) 1.38 1.37 1.54 1.97 2.60 2.77 A) The error is -.03 and the value predicted by the model is an underestimate. BJ The error is -03 and the value predicted by the model is an overestimate. C) The error is .03 and the value predicted by the model is an underestimate. D) The error is .03 and the value predicted by the model is an overestimate

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