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Han creates a scatter plot that displays the relationship between the number of items sold, x, and the total revenue, y, in dollars.
Han creates a line of best fit and finds that the residual for the point (12, 1,000) is 75. The point (13, 930) has a residual of -40.
Interpret the meaning of -40 in the context of the problem.

Sagot :

Answer:

In context of the problem, -40 means that 40 was the difference between the actual data, and the estimated data.

Step-by-step explanation:

Here -40 represent the difference between the actual data and the estimated data.

Given that,

  • Han creates a line of best fit and finds that the residual for the point (12, 1,000) is 75.
  • The point (13, 930) has a residual of -40.

Based on the above information we can say that the -40 shows the difference of data.

Learn more: brainly.com/question/17429689

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