please help with all partspopulationExpenditure291274352148613310902082191535031844713035242171851419815495219489103 ### Exploring Residuals in Regression Analysis**5) Examine the residuals (get them from Excel) of the regression analysis that you did for #4.**- **a)** Explain how you would get the residuals if Excel did not provide them.- **b)** Create a table showing each data point and the residual in Excel.- **c)** Plot the residuals. Show the plot.- **d)** Comment on the plot. What should the residuals look like?- **e)** What do they look like?- **f)** What does this mean regarding the predicting power of the regression for this data?

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Answered: 5) Examine the residuals (get them from…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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population	Expenditure
29	127
435	214
86	133
1090	208
219	153
503	184
47	130
3524	217
185	141
98	154
952	194
89	103

5) Examine the residuals (get them from Excel) of the regression analysis that you did for #4. a) Explain how you would get the residuals if Excel did not provide them. b) Create a table showing each data point and the residual in Excel. c) Plot the residuals. Show the plot.