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Basic Question 0 of 6

For a data collection of x and y scores, if one data point is (30, 40) and the linear regression equation is y = -1.5x + 70 the residual for x = 30 is ______.

A. 30
B. 40
C. 15

User Contributed Comments 1

User Comment
danlan residual = real y-calculated y
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

calculate and interpret the expected value, variance, standard deviation, covariances, and correlations of portfolio returns

CFA® 2025 Level I Curriculum, Volume 1, Module 5.