Suppose the analyst constructs the simple linear regression model In(y) = a + Bx + e. She estimates it to be In(î) = -1- 1.3x. What is the residual in Excel output for the pair of observations x = 1.5 and y = 2?

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Suppose the analyst constructs the simple linear regression model In(y) = a + Bx + e. She estimates it to
be In(î) = -1- 1.3x. What is the residual in Excel output for the pair of observations x = 1.5 and y = 2?
Оа. 6.
O b. 1.98
c.
-2.
O d. 403.43
e. 4.29
Transcribed Image Text:Suppose the analyst constructs the simple linear regression model In(y) = a + Bx + e. She estimates it to be In(î) = -1- 1.3x. What is the residual in Excel output for the pair of observations x = 1.5 and y = 2? Оа. 6. O b. 1.98 c. -2. O d. 403.43 e. 4.29
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