QUESTION IMAGE
Question
question 2 of 10
a set of data points has a line of best fit of $hat{y}=2.5x - 1.5$.
what is the residual for the point $(4,7)$?
a. 1.5
b. 8.5
c. 7
d. -1.5
Step1: Predict y - value
Substitute $x = 4$ into $\hat{y}=2.5x - 1.5$. So, $\hat{y}=2.5\times4-1.5$.
$\hat{y}=10 - 1.5=8.5$.
Step2: Calculate residual
The formula for residual is $e=y-\hat{y}$. Given the point $(4,7)$, where $y = 7$ and $\hat{y}=8.5$. Then $e=7 - 8.5=-1.5$.
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D. -1.5