Question

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.

Answer 1

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: