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How much gas? Refer to Exercise 40. During March, the average temperature was 46.4°F and Joan used 490 cubic feet of gas per day. Find and interpret the residual for this month.

Short Answer

Expert verified

The residual is -13.032and its negative; this shows the data point lies below the line.

Step by step solution

01

Given Information

It is given in the question 40that, The equation of the least-squares line is y^=1425−19.87x

During March, the average temperature was 46.4°F and Joan used 490 cubic feet of gas per day

02

Step 2: Explanation

Suppose you were to consider the consumption of gas; in this instance, "Temperature (x)" will clarify "Gas Consumption(Y)".

Thus, the explanatory variable is the temperature (X)and the response variable is gas consumption (Y). The regression line is as follows:

y^=1425−19.87x

Temperature-maintenance gas consumption predicted

localid="1649937972067" 46.40F,=1425−19.87(46.4)=503.032

For the temperature to remain at localid="1649937977533" 46.4F,503.032cubic feet of gas are predicted to be consumed, but localid="1649937982069" 490cubic feet of gas were observed to be consumed.

localid="1649937986971" residual=observedY−predectedY=Y-Y=490-503.032=-13.032

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