Mathematics, 06.05.2020 04:40 toxsicity
An equation was created for the line of best fit from actual enrollment data. It was used to predict the dance studio enrollment values shown in the table below:
Enrollment
Month
January
February
March
April
May
June
Actual
500
400
550
550
750
400
Predicted
410
450
650
650
600
450
Residual
90
β50
β100
β100
150
β50
Analyze the data. Determine whether the equation that produced the predicted values represents a good line of best fit. (1 point)
Group of answer choices
No, the equation is not a good fit because the sum of the residuals is a large number.
No, the equation is not a good fit because the residuals are all far from zero.
Yes, the equation is a good fit because the residuals are not all far from zero.
Yes, the equation is a good fit because the sum of the residuals is a small number.
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