9. For the next problem, use this data set: X y 15 23 3 2 4 4 5 7 The regression equation for the above data set is ý = 2.7+0.5x. (a) Calculate and plot the residuals. (b) Based on your plot should this regression equation be used to predict y from

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9. For the next problem, use this data set:
X
y
1
5
2
3
3
2
4 4
5 7
The regression equation for the above data set is ý = 2.7 +0.5x.
(a) Calculate and plot the residuals.
(b) Based on your plot, should this regression equation be used to predict y from x?
Transcribed Image Text:9. For the next problem, use this data set: X y 1 5 2 3 3 2 4 4 5 7 The regression equation for the above data set is ý = 2.7 +0.5x. (a) Calculate and plot the residuals. (b) Based on your plot, should this regression equation be used to predict y from x?
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