5. Analyzing Lines of Fit
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Make a table of the residual values and then graph them on a scatter plot.
No, see solution.
Let's begin by making a table of the residual values. Note that, in our table, y represents the approximate number (in thousands) of movie tickets sold in month x.
| x | y | y=1.3x+27 | y-value From Model | Residual |
|---|---|---|---|---|
| 1 | 27 | 1.3( 1)+27 | 28.3 | 27-28.3= -1.3 |
| 2 | 28 | 1.3( 2)+27 | 29.6 | 28-29.6= -1.6 |
| 3 | 36 | 1.3( 3)+27 | 30.9 | 36-30.9= 5.1 |
| 4 | 28 | 1.3( 4)+27 | 32.2 | 28-32.2= -4.2 |
| 5 | 32 | 1.3( 5)+27 | 33.5 | 32-33.5= -1.5 |
| 6 | 35 | 1.3( 6)+27 | 34.8 | 35-34.8= 0.2 |
Now we can create a scatter plot using the given x-values and our residuals. Remember, if the model is a good fit for the data, the scatter plot will be evenly distributed above and below the x-axis. Also, there will be no apparent patterns.
This line of fit does not model the data well. It is not evenly distributed above and below the x-axis. The residual scatter plot shows that two points are positive residuals and the rest are negative residuals.