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Application (Cont.). A recent paper of mine looks at the relationship between retirement savings at age 30 and student loan debt at age 25. Four

Application (Cont.). A recent paper of mine looks at the relationship between retirement savings at age 30 and student loan debt at age 25.  Four observations from the data are below. All numbers are being expressed in thousands of dollars (e.g., 30 means $30 thousand).

IDRetirement Savings, Age 30Student Loan Debt, Age 25
12522
24515
32418
41827

You decide to run a regression with retirement savings as the dependent variable and student loan debt as the independent variable.  The coefficient on student loan debt is -1.88 and the constant is 66.72. What is the residual for person number 2 expressed to the nearest 2 decimals? If negative, you must include a negative sign.

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