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A Regression Equation Is Found That Predicts the Increased Cost 2.5+0.022.5 + 0.02

Question 43

Multiple Choice

A regression equation is found that predicts the increased cost of a home owner's electricity bill given the number of holiday lights they put on the outside of their house. The equation is dollars = 2.5+0.022.5 + 0.02 (light) . If a house has 400 lights and a $15\$ 15 increase in their electricity cost, find their residual.


A) $15- \$ 15
B) $5- \$ 5
C) $15\$ 15
D) $20\$ 20
E) $5\$ 5

Correct Answer:

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