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Question: Question 6 (1 point) Suppose that for a typical FedEx package delivery, the cost of the shipment…



Question 6 (1 point)

Question: Question 6 (1 point)Suppose that for a typical FedEx package delivery, the cost ofthe shipment...

Suppose that for a typical FedEx package delivery, the cost of
the shipment is a function of the weight of the package. You find
out that the regression equation for this relationship is (cost of
delivery) = 0.827*(weight) + 6.295. If a package you want to ship
weighs 17.956 ounces and the true cost of the shipment is $7.01,
what is the residual?

Question 6 options:

1)

-14.135

2)

14.135

3)

10.946

4)

-10.946

5)

-3.189

  

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