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Solve for the predicted values of y and the residuals for the following data. Comment on the size of the residuals. Business Bankruptcies (1000) Firm

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Solve for the predicted values of y and the residuals for the following data. Comment on the size of the residuals. Business Bankruptcies (1000) Firm Births (10,000) 34.3 58.1 35.0 55.4 38.5 57.0 40.1 58.5 35.5 57.4 37.9 58.0 Do not round the intermediate values. (Round your answers to 4 decimal places.) X Predicted (9) Residuals (y - 9) 58.1 34.3 55.4 35.0 Do not round the intermediate values. (Round your answers to 4 decimal places.) X Predicted () Residuals ( y - y) 58.1 34.3 55.4 35.0 57.0 38.5 58.5 40.1 57.4 35.5 58.0 37.9 The residual for x = 58.1 is relatively , but the residual for x = 55.4 is quite e Textbook and Media small large Do not round the intermediate values. (Round your answers to 4 decimal plac Predicted (y) Residuals (y - y) 58.1 34.3 55.4 35.0 57.0 38.5 58.5 40.1 57.4 35.5 58.0 37.9 but the residual for x = 55.4 i The residual for x = 58.1 is relatively v small large e Textbook and Media

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