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Calculate the residual for year

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Reference no: EM131981933

Use the linear regression model for "ALL SEASONS" in the Red Sox data, Wins = 24.5+ 0.08(Runs). Consider the data for the year 2004, (Runs = 949, Wins = 98), then calculate the residual for this year.

Note: The equation for a residual is on page 662 of the text: Residual= Ei = Yi - ^Yi (To calculate the fitted value ^Yi see page 629 Example 14.6e)

Reference no: EM131981933

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