Problem 34 of 7
Interpret the magnitude of residual -500 relative to data scale the data values range from 10,000 to 20,000.
Using a hint is okay. It just tells the trainer to give you a little more review.
Hidden until you reveal it.
judge size of prediction error.
Hidden until you reveal it.
Data scale must allow judging residual size.
Enter your answer
Your answer is equivalent to the expected form.
Walkthrough
Full solution stays hidden until you ask for it.
1. Find the absolute size of the residual.
2. Compare it with typical values or typical residuals.
3. State whether the error is small, large, or unusual and include direction if useful.
Use the worked steps, then substitute the final answer back into the original relationship to confirm it satisfies the prompt.
Judging magnitude without reference to scale.