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If sales are actually $,000, what is the value of the residual?

1 Answer

6 votes

Final answer:

The value of the residual cannot be determined without knowing the predicted sales or having additional information.

Step-by-step explanation:

The value of the residual is the difference between the actual sales and the predicted sales. However, the given information only mentions that sales are actually $,000, without specifying a specific value for $.

If we assume that $,000 represents a placeholder for a numerical value, then the residual cannot be determined without knowing the predicted sales or having additional information.

User James Hugard
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