Answer: a.
a. PROPOSITION ONE is true and PROPOSITION TWO is true
b. PROPOSITION ONE is true and PROPOSITION TWO is false
c. PROPOSITION ONE is false and PROPOSITION TWO is true
d. PROPOSITION ONE is false and PROPOSITION TWO is false
e. None of the above
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:
