0
Still curious? Ask our experts.
Chat with our AI personalities
BeauYou're doing better than you think!
Chat with Beau
BlakeAs your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake
CoachSuccess isn't just about winning—it's about vision, patience, and playing the long game.
Chat with CoachAdd your answer:
Earn +20 ptsQ: What you mean by residual value?
Write your answer...
Submit
Still have questions?
Continue Learning about Math & Arithmetic
What is the point on the scatterplot representing the mean x value and mean y value?
Residual point
What is the residual for the point (36)?
A residual is defined in the context of some "expected" value. There is no information in the question regarding expected values.
What is the difference between the stochastic error term and the residual?
Ah, the stochastic error term and the residual are like happy little clouds in our painting. The stochastic error term represents the random variability in our data that we can't explain, while the residual is the difference between the observed value and the predicted value by our model. Both are important in understanding and improving our models, just like adding details to our beautiful landscape.
What is the residual value of a 28500 car at the end of a two year lease if it depreciates 10 percent the first year and 20 percent the second year?
20520
Which type of lease could result in the customer paying hundreds or thousands of dollars if the residual value is less than expected at the end of the term?
open-ended lease :) A+
Trending Questions
What is the bond angle for SCL2?
Make 37.5 percent into a fraction?
What is 150 written as a decimal?
What is a sample of hypothesis?
What detailed information could identify the Apostle John as the author of 1 John 2 John and 3 John?
What is the synonym for examination results?
How do you use scientific calculator fx-570MS?
How many nights are in 4 days?
What accuracy and consistency means?
How many ft in 1000 meters rounded?
Which is greater negative 7 or positive 8?
How many miles in 7 million acres?
How do you turn 1.5 repeating into a fraction?
What equals 48 in multiplacation facts?
Is a plus plus plus b valid instruction in c?
What is the highest common factor of 14 and 77?
How many acres is 6730 ft?
What are the three ways to classify a triangle?
What is median in mathematical terms?
The two numbers written at the beginning of a composition make up the?
Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.