Question: Use the Manufacturing database from Excel Databases.xIs on Blackboard. Use Excel to develop a multiple regression model to predict Cost of Materials by Number of

 Use the Manufacturing database from "Excel Databases.xIs" on Blackboard. Use Excel

Use the Manufacturing database from "Excel Databases.xIs" on Blackboard. Use Excel to develop a multiple regression model to predict Cost of Materials by Number of Employees, New Capital Expenditures, Value Added by Manufacture, and End-of-Year Inventories. Locate the observed value that is in Industrial Group 12 and has 7 employees. Based on the model and the multiple regression output, what is the corresponding residual of this observation? Write your answer as a number, round to 2 decimal places

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