Question

Previous Question Question 17 of 20 Next Question Based on the regression model, the expected daily production volume with 112 factory workers is 118,846 units. The human resource department noted that 123,415 units were produced on the most recent day on which there were 112 factory workers. What is the residual of this data point

Answer 1

4,569 units

Explanation:

Given :

Measured value = 123,415 units

Expected value = 118,846 units

Residual is the difference between the measured and expected value :

Residual = Measured value - Expected value

Residual = 123,415 units - 118,846 units

Residual = 4,569 units