Question: Suppose the analyst constructs the simple linear regression model y= +ln(x)+e. She estimates it to be y^=24.5ln(x). What is the residual in Excel output for

Suppose the analyst constructs the simple linear regression model y= +ln(x)+e. She estimates it to be y^=24.5ln(x). What is the residual in Excel output for the pair of observations x=3.5 and y=1 ? a. 8.64 b. 2.50 c. -6.64 d. -3.81

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