asked 144k views
4 votes
Solve for the predicted values of y and the residuals for the following data.

Advertising 12.5 3.7 21.6 60.0 37.6 6.1 16.8 41.2
Sales 148 55 338 994 541 89 126 379

asked
User SamH
by
8.5k points

1 Answer

5 votes

Answer:

Explanation:

Given the data:

Predicted value (X):

12.5

3.7

21.6

60.0

37.6

6.1

16.8

41.2

Sales (Y) :

148

55

338

994

541

89

126

379

Using a linear regression calculator to obtain the linear model for the predicted y values

Ypred = 15.23977X - 46.29181

_Y ____Ypred ___residual(Y - Ypred)

148 ___ 144.21 ______ 3.79

55 ____10.05 _______44.5

338 ___282.89______ 55.11

994 ___868.09______ 125.91

541 ____526.72 _____ 14.28

89 ____ 46.67 _______42.33

126 ____209.74 ______ −83.74

379____581.59 ______ - 202.59

answered
User Chit Khine
by
7.8k points
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