A microeconomist wants to determine how corporate sales are influenced by capital and wage spending by companies. She proceeds to randomly select 26 large corporations and record information in millions of dollars. The Microsoft Excel output below shows results of this multiple regression.

One company sales of $21.439 billion (Sales = 21,439). This company spent $300 million on capital and $ 700 million on wages. What is the residual (in millions of dollars) for this data?

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Regression Statistics ANOVA F Signif F 25.432 0.0001 SS MS 7789888520 306307512 df 15579777040 Regression Residual Total 7045072780 23 22624849820 25 P-value 0.0154 0.5485 Coeff 15800.0000 0.1245 StdError t Stat 6038.2999 0.2045 1.4729 2.617 0.609 4.804 Intercept Capital Wages 7.0762 0.0001