As with simple linear regression, we desire the residuals to:
- Have constant variance.
- Have a mean close to 0.
<h3>What is a simple linear regression?</h3>
It should be noted that a simple linear regression simply means a model that describes the relationship between a dependent variable and an independent variable.
In this case, as with simple linear regression, we desire the residuals to have constant variance and have a mean close to 0.
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brainly.com/question/25987747
Answer:
Step-by-step explanation:
depreciation for three years = 32000 - 24500 = $ 7500
depreciation per year = 7500/3 = $ 2500
depreciation % = (2500/32000)*100 = 7.81%
Value of truck after n years = 32000 * (7.81%)*n
Answer: please mark brainlyest
Step-by-step explanation: