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Basic Question 0 of 2

For a data collection of x and y scores, if one data point is (30, 40) and the linear regression equation is y = -1.5x + 70 the residual for x = 30 is ______.

A. 30
B. 40
C. 15
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User Contributed Comments 1

User Comment
danlan residual = real y-calculated y
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Edward Liu

Edward Liu

Learning Outcome Statements

describe the use of bootstrap resampling in conducting a simulation based on observed data in investment applications

CFA® 2026 Level I Curriculum, Volume 1, Module 6.