Stats help please?
@rational
Residual = Observed value - Predicted value e = y - ŷ
I think you can use the linear regression capability of your calculator
When i plug this into my calculator, the regression line is ŷ = 26.2107 -.249632*x
now subtract the predicted from the actual y value
Oh ok thanks, so do i plug in 73 for x and do 26.2107-18.223136=7.987564?
first find y hat @x =73, so you have to plug in 73 into the formula. then subtract from the observed y value at x = 73, which is 7.9 y - ŷ = 7.9 - [26.2107 -.249632*(73) ]
ohhh ok so i got -.087564
oh what i did was [26.2107 -.249632*(73) ] first which gave me 7.987564 and then subtracted that from 7.9 and i got a negative number
Residual = Observed value - Predicted value e = y - ŷ
oh so it should be positive and 7.987564-7.9 instead?
nevermind youre right
it should be -.0876
☺
ok thanks!!
theres a mistake in the excel
corrected
awesome :) thanks!
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