by tommywallach Thu Mar 12, 2015 7:30 pm
We could also this question with residuals. Think of 70 as the balance point of a scale, and the data points as putting WEIGHT on either side of the scale.
62 puts a weight of 8 to the left
68 puts a weight of 2 to the left
74 puts a weight of 4 to the right
68 puts a weight of 2 to the left
This makes 12 to the left total, and 4 to the right, ending up at 8 to the left. This means we need a point that is 8 to the RIGHT to balance out, so the final term will be 78.
With Ben:
66 is 4 to the left
70 is at the balance point, so has no effect
So we need something 4 to the right to balance out, so the final term will be 74.
-t