View the step-by-step solution to:

Question

7.Maria Lopez was studying the GDP in Honduras.

She was looking at two variables.

X = year

Y=

percent of the Honduran GDP that was contributed to Industry (%)

They had data from 1960 to 2017.

The simple linear regression equation was yhat = -323.1 + 0.174*x. 

In 2012, the percent of GDP from industry was 26.1%. 


Find the residual for the point given above. 

Round to two decimal places. (Leave as a percentage. Do not change to a proportion.)

Top Answer

Let me explain the... View the full answer

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question