Question: The least-squares prediction equation is, predicted costs = 35.2 + 5.3 (items), with predicted costs measured in dollars. Find the predicted value and residual for

The least-squares prediction equation is, predicted costs = 35.2 + 5.3 (items), with predicted costs measured in dollars. Find the predicted value and residual for a situation with costs of $600 and 100 items.

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