We square the residuals when using the least-squares line method to find the line of best fit because we believe that huge negative residuals (i.e., points well below the line) are just as harmful as large positive residuals (i.e., points that are high above the line).
<h3>What do you mean by Residuals?</h3>
We treat both positive and negative disparities equally by squaring the residual values. We cannot discover a single straight line that concurrently minimizes all residuals. The average (squared) residual value is instead minimized.
We might also take the absolute values of the residuals rather than squaring them. Positive disparities are viewed as just as harmful as negative ones under both strategies.
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Answer:
current value = 21000(1 - 0.05)^n
Step-by-step explanation:
This is a standard depreciation formula where n is the number of years.
There are 7 rows.
63/9 = 7.
Answer:
A ∩ B = {1, 3, 5}
A - B = {2, 4}
Step-by-step explanation:
The given problem regards sets and set notation, a set can simply be defined as a collection of values. One is given the following information:
A = {1, 2, 3, 4, 5}
B = {1, 3, 5, 6, 9}
One is asked to find the following:
A ∩ B,
A - B
1. Solving problem 1
A ∩ B,
The symbol (∩) in set notation refers to the intersection between the two sets. It essentially asks one to find all of the terms that two sets have in common. The given sets (A) and (B) have the values ({1, 3, 5}) in common thus, the following statement can be made,
A ∩ B = {1, 3, 5}
2. Solving problem 2
A - B
Subtracting two sets is essentially taking one set, and removing the values that are shared in common with the other set. Sets (A) and (B) have the following values in common ({1, 3, 5}). Thus, when doing (A - B), one will omit the values ({1, 3, 5}) from set (A).
A - B = {2, 4}
Step-by-step explanation:
Right, okay, so this is a bit of a weird one. Let's go step by step.
"Today, 6 friends went out for lunch." = The number 6 is gonna be in our equation somewhere.
"Their total bill was $27.60" = so is the number 27.6
"They decided to split the bill equally" = 27.6 "split equally" (aka divided by) 6 friends is 4.6
"each paid with a $10 bill" = This is where it gets a lil weird. So, if they divided the bill among them, none of their amounts are gonna be anywhere near ten dollars. This is one of those questions that wouldn't really happen in real life. People would probably use fives instead, but whatever. So a number we'll be using for something is 10.
"How much money will each person get back?" = So we have to find the amount they all paid (10) minus the amount each one had to pay (4.6).
To put it all into a full equation...
10 - ( 27.6 / 6 )
Divide.
10 - 4.6
Subtract.
5.4
Put back into money form.
$5.40
Answer:
Each person will get back $5.40.