as level s1b Watch
i really need help on this question, its only one mark, but i dont get the reasoning:
its question 5f.
its to do with residuals, can someone please help me out?
many thanks in advanced
y=35*M+c Y= –0.21 to –0.19
Given that the values of the 13 residuals lie between -0.28 and 0.23 , comment on the likely accuracy of your estimate in part (d).
Estimate in part (d) is accurate as it lies between -0.28 ad 0.23.