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Question 16 We want to predict the number of coffee shops in a city based on the population of the city. Population is measured
Question 16 We want to predict the number of coffee shops in a city based on the population of the city. Population is measured in millions of people. Data are collected, and the fitted line is y-hat 12.3 +1498.5*x. One of data points is for a city with 1.3 million people and 1,769 coffee shops. Calculate the residual for this data point. (Round your final answer to 2 decimal places.) Recall that the residual is also known as the prediction error and is defined by the formula e = y- 1 pts
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