Page 5 > of 6 ZOOM + T S 10. Residual Table: I got the residual by plugging the year into my equation and subtracting the predicted point from my actual value which is the average price -1113.56(x)+21471.87 -788.1 $ 2,743 $ 3,531.1 324.87 $ 2,397.5 2072.6 1437.9 $ 3,591.5 2153.6 2550.9 $ 3,496 945.1 3663.9 $ 3,600 -63.9 use technology 4776.9 $ 4,605.5 -177.4 (calculator/Statcrunch) to do this 5889.9 $ 4,498.5 -1391.4 for you 7002.9 $ 5,647.5 -1355.4 8115.9 $ 6,544.5 -1571.4 9228.9 5,979.5 -3594.5 10342 6,747.5 -3588.5 11455 8,068.5 -3386.5 12568 10,312 -2256 13681 11,474.5 2206.5 14794 14,300 494 15907 17,159.5 1252.5 17020 19,275 2255 18133 21,842.5 3709.5 19246 $ 20,858.5 1612.5 20359 22,448.5 2089.5 11. Value of slope = - 1113.56 1 1b. I do not think this is a fixed value for an automobile selling prices as it depends on who is selling and what type of car is being sold. 12a. Y-Intercept =21471.87 12b. NO, this is a not realistic value considering that a brand-new car should be older than a year-old car. what determines whether the y-int is realistic