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Make a table of values to determine the residuals.
Sum for y=2x+1: 238
Sum for y=2x+1.4: 259.44
Better Line of Fit: y=2x+1
We have been given the following table.
| x | 2 | 4 | 6 | 8 |
|---|---|---|---|---|
| y | 3 | 6 | 4 | 5 |
We have also been given two possible lines of fit.
| Lines of Fit | |
|---|---|
| y=2x+1 | y=2x+1.4 |
In order to determine which line of fit is better, let's calculate the residuals for both lines.
| x | y (Actual) | y Predicted by y=2x+1 | Residual for y=2x+1 | y Predicted by y=2x+1.4 | Residual for y=2x+1.4 |
|---|---|---|---|---|---|
| 2 | 3 | y=2( 2)+1= 5 | 3- 5= -2 | y=2( 2)+1.4= 5.4 | 3- 5.4= -2.4 |
| 4 | 6 | y=2( 4)+1= 9 | 6- 9= -3 | y=2( 4)+1.4= 9.4 | 6- 9.4= -3.4 |
| 6 | 4 | y=2( 6)+1= 13 | 4- 13= -9 | y=2( 6)+1.4= 13.4 | 4- 13.4= -9.4 |
| 8 | 5 | y=2( 8)+1= 17 | 5- 17= -12 | y=2( 8)+1.4= 17.4 | 5- 17.4= -12.4 |
Now, we will square the residuals and find their sum s for each line so that we can compare which line is a better fit. Let's start with the line y=2x+1.
Thus, the sum of the squared residuals for y=2x+1 is 238. Next, we will continue with the line y=2x+1.4.
Calculate power
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The sum of the squared residuals for y=2x+1.4 is 259.44. As a result, we can say that y=2x+1 is the better line of fit because it has a lesser sum.