Use Microsoft Excel (or any other software package) to estimate the following model: y^=b0+b1x For the data provided below: Y X 50 36 49 28 34 38 32 33 50 14 30 38 41 17 42 36 42 14 43 17 What is the residual when x = 28. Please keep your answer to two decimal places.

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Use Microsoft Excel (or any other software package) to estimate the following model:

y^=b0+b1x

For the data provided below:

Y X
50 36
49 28
34 38
32 33
50 14
30 38
41 17
42 36
42 14
43 17

What is the residual when x = 28.

Please keep your answer to two decimal places.

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