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AssignmentMultiple Choice

Segmented Bar Graphs

Question 1 • CR_(AQR)_Advanced Quantitative Reasoning A_2111_SAISD 25-26

Which statement is a correct interpretation of the residuals?

Answer
A
The residual for x = 45 is about ‒$500, which means that the actual price is about $500 less than the predicted price.
B
The residual for x = 45 is close to $0, which means that the predicted price almost the same as the actual price.
C
The residual for x = 90 is close to $0, which means that the predicted price almost the same as the actual price.
D
The residual for x = 90 is about $700, which means that the actual price is about $700 more than the predicted price.
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