For this problem, calculate the vertical distances from the points and the line y = x. Calculate all of the vertical distances for each point to the line y = x. 14+ 13 12 11 10 9 -8 7 -6 5 -4 3 2 1 2 3 4 5 6 7 8 0 10 11 12 -1 -2- What is the sum of all the distances you calculated? What is the average vertical distance of the points from y = x? Do you think the line drawn fits the data points?

For this problem, calculate the vertical distances from the points and the line y = x. Calculate all of the vertical distances for each point to the line y = x. 14+ 13 12 11 10 9 -8 7 -6 5 -4 3 2 1 2 3 4 5 6 7 8 0 10 11 12 -1 -2- What is the sum of all the distances you calculated? What is the average vertical distance of the points from y = x? Do you think the line drawn fits the data points?

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter1: Introducing The Economic Way Of Thinking

Section1.A: Applying Graphs To Economics

Problem 7SQ

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