Distance 3.4 1.8 4.6 2.3 3.1 5.5 0.7 3.0 Damage 26.2 17.8 31.3 23.1 27.5 36.0 14.1 22.3 Distance 2.6 4.3 2.1 1.1 6.1 4.8 3.8 Damage 19.6 31.3 24.0 17.3 43.2 36.4 26.1 Write the equation (formula) for a residual and then calculate its value “by hand” for the observation...

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Basic Math

Distance

3.4

1.8

4.6

2.3

3.1

5.5

0.7

3.0

Damage

26.2

17.8

31.3

23.1

27.5

36.0

14.1

22.3

Distance

2.6

4.3

2.1

1.1

6.1

4.8

3.8

Damage

19.6

31.3

24.0

17.3

43.2

36.4

26.1

Write the equation (formula) for aresidual and then calculate its value “by hand”for the observation in the data set whose distance between the fireand nearest fire station (in miles) is 3.0; show yourwork. Based on this value, was the observationoverestimated (below average) or underestimated(above average) by the regression? Explain. See page 191 in thecourse text.

Answer & Explanation Solved by verified expert
4.1 Ratings (467 Votes)

residual(e)=y-y^=y-(a+bx)=y-(10.26+4.92*x)

for x=3, the estimated value of y is y^=10.26+4.92*3=25.02

residual for this value is y-y^=22.3-25.02=-2.72, negative residual means it is overestimated

Residual = Observed – Predicted

positive values for the residual mean the prediction was too low, and negative values mean the prediction was too high.when the model overestimates the observation: the residual is negative.

here Damage(y) is dependent variable and Distance(x) is independent variable.

the regression equation y^=a+bx=10.26+4.92*x

a=(sum(y)*sum(x2)-sum(x)*sum(xy))/(n*sum(x2)-(sum(x))2)=(396.16*196.16-49.2*1470.65)/(15*196.16-49.2*49.2)=10.26

b=(n*sum(xy)-sum(x)*sum(y))/ (n*sum(x2)-(sum(x))2)=(15*1470.65-49.2*396.2)/(15*196.16-49.2*49.2)=4.92

S.N. Distance(x) Damage(y) x2 y2 xy
1 3.4 26.2 11.56 686.44 89.08
2 1.8 17.8 3.24 316.84 32.04
3 4.6 31.3 21.16 979.69 143.98
4 2.3 23.1 5.29 533.61 53.13
5 3.1 27.5 9.61 756.25 85.25
6 5.5 36 30.25 1296 198
7 0.7 14.1 0.49 198.81 9.87
8 3.0 22.3 9 497.29 66.9
9 2.6 19.6 6.76 384.16 50.96
10 4.3 31.3 18.49 979.69 134.59
11 2.1 24 4.41 576 50.4
12 1.1 17.3 1.21 299.29 19.03
13 6.1 43.2 37.21 1866.24 263.52
14 4.8 36.4 23.04 1324.96 174.72
15 3.8 26.1 14.44 681.21 99.18
sum= 49.2 396.2 196.16 11376.5 1470.65
n= 15 15 15 15 15

a=(sum(y)*sum(x2)-sum(x)*sum(xy))/(n*sum(x2)-(sum(x))2)=(396.16*196.16-49.2*1470.65)/(15*196.16-49.2*49.2)=

b=(n*sum(xy)-sum(x)*sum(y))/ (n*sum(x2)-(sum(x))2)=(15*1470.65-49.2*396.2)/(15*196.16-49.2*49.2)=


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