Math Problem Statement
Linear Regression equation: y = 0.5x. Given the observed value y = 3 when x = 5, find the predicted value and residual value.
Solution
The given linear regression equation is , and the table has an observed value for .
Let's break it down step by step:
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Predicted Value: Using the equation , substitute : So, the predicted value is 2.5.
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Residual Value: The residual is the difference between the observed value and the predicted value:
Completed Table:
x | y (Observed Value) | Predicted Value | Residual Value |
---|---|---|---|
5 | 3 | 2.5 | 0.5 |
Would you like more details or further clarification on any part of this solution?
Relative Questions:
- What is the role of residuals in linear regression?
- How does the slope affect the predicted values in a linear regression equation?
- How would a larger residual value affect the accuracy of the model?
- Can the residual value be negative, and what does it indicate?
- How would the prediction change if the slope of the equation were steeper (e.g., )?
Tip:
Residuals close to zero indicate that the regression model is a good fit for the data.
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Math Problem Analysis
Mathematical Concepts
Linear Regression
Residual Analysis
Formulas
y = mx + b (Linear Equation)
Theorems
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Suitable Grade Level
Grades 9-12