Answer:
The resulting residual value is e=-40.24.
Step-by-step explanation:
The residual value e for a regression model is defined as the difference between the real value y and the predicted value yp:

The predicted value for DISTANCE=0.43 miles is:

Then, if the real value is $1,050, the residual value is calculated as:

 
        
             
        
        
        
Step-by-step explanation:
Using log properties


Then

Plug in the knowns

