Feeling hungry, you decide to take a deep dive into data from your local town regarding estimated
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Question:
Feeling hungry, you decide to take a deep dive into data from your local town regarding estimated tons of oranges for each radius mile away from you (from 1 to 5). Optimistically, you believe that each radius mile has equal oranges, and craft the horizontal regression line: oranges = 4. The data you collected is as follows: [(1, 1.05), (2, 2.93), (3, 5.35), (4, 7.7), (5, 8.71)] where each data point corresponds to (Radius miles away, Tons of oranges). How far off is the regression line that you have devised? In other words, what is the Residual Sum of Squares (RSS) associated with your horizontal regression line? Enter your answer to ONE decimal place.
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