Question

The following data comprising the number of customers (in hundred) and monthly sales (in thousand Rupees): 

Number of Customers (in
hundred)		 4 6 6 8 10 14 18 20 22 26 28 30
Monthly Sales
(in thousand Rs)		 1.8 3.5 5.8 7.8 8.7 9.8 10.7 11.5 12.9 13.6 14.2 15

 Calculate the residuals and determine the standardised residuals for the model Y = 2.6185 + 0.4369 X 

14 Feb 2023
Answer :
Word Count : 277

We can calculate the predicted values for the monthly sales using the given linear regression equation:

Y = 2.6185 + 0.4369X

Where Y is the monthly sales and X is the number of customers (in hundred).

Using this equation, we get the following predicted values:

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________ _______ ________ ______ ___ _______ ________ ________ _______ _______.
_________ ________ _______ ___ _________ _______ _____ _________ ___ _____ ________.
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_______ ________ ________ ________ _________ ____ ___ _________ ______ ______.
___ __________ __________ ____ ____ _________ _______ __________ __________ __________.
________ ________ ________ _____ ___ _______ __________ __________ _________ _____.
___ _____ ___ __________ _______ ___ _______.
_______ _____ ____ __________ _______ _______ _________ ______ ___ _____ ____ ____.
____ ______ _________ ______ __________ _______ _______ _______ __________.
____ ___ _______ ___ ____ _____ _______ ________.
________ _____ ____ _________ _______ _________ _____ __________ __________ _______.
______ _______ ____ ________ _________ _________ _______.
________ ______ _______ _____ ______ _______ _____ _______ ______ __________ ____.
______ _______ ____ ________ _______.
____ __________ ___ _______ _______ _____ ______ _______ _____ ______ _________.
__________ ________ _____ _____ _________ ______ ________ ________ _______.
__________ ___ ______ __________ ______.
___ _________ ____ ______ ____ ____ ___ ______ ___.
______ ______ _______ _____ _____ ___.
______ _______ ______ _________ _______ _____.
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Related Questions

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Available
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The following data comprising the number of customers (in hundred) and monthly sales (in thousand Rupees): 

Number of Customers (in
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Monthly Sales
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 Calculate the residuals and determine the standardised residuals for the model Y = 2.6185 + 0.4369 X 

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