Describe how the placement of the decimal point changes when you multiply a number by the power of ten. How is this the same and
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Answer:
Predicted values:
Residuals:
Step-by-step explanation:
For this case we assume the following exponential function:
Where x represent the hours and y the predicted values for each hour. We can find the estimated values like this:
Now we can find the residuals with this formula:
And replacing we got: