The regression equation NetIncome = 2,277 + .0307 Revenue was estimated from a sample of 100 leading world companies (variables are in millions of dollars). (a-1) Calculate the residual for the x, y pair ($41,078, $8,301). (Round answer to 4 decimal places.) (b-1) Calculate the residual for the x, y pair ($61,768, $893).

The regression equation NetIncome = 2,277 + .0307 Revenue was estimated from a sample of 100 leading world companies (variables are in millions of dollars). (a-1) Calculate the residual for the x, y pair ($41,078, $8,301). (Round answer to 4 decimal places.) (b-1) Calculate the residual for the x, y pair ($61,768, $893).

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter1: Equations And Graphs

Section1.3: Lines

Problem 92E

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