Question: A regression model has been developed to demonstrate the relationship between travel time (in hours) and miles traveled, where the intercept coefficient is 1.2739
A regression model has been developed to demonstrate the relationship between travel time (in hours) and miles traveled, where the intercept coefficient is 1.2739 and the -"miles traveled" coefficient, or slope, is 0.0678. Determine the residual if 100 miles were traveled and the actual time it took to travel those miles was 9.3 hours. The residual would be 8.0539 hours O.2461 hours 1.2461 hours 1.5463 hours
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
