Question: Using the data analysis toolpack, calculate the residuals for each observation in the regression model of expenses as a function of miles and duration. Do
Using the data analysis toolpack, calculate the residuals for each observation in the regression model of expenses as a function of miles and duration. Do any of the observations have especially high expenses, given their miles and duration? Group of answer choices Yes, observation 12 is 2.94 standard errors over predicted expenses. Yes, observation 17 is $72.18 above predicted expenses.. No, none of the observations are especially far from the regression line
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