There will be 60 residuals for simple bivariate regression's 60 observations.
According to the statement
We have given that the there is 60 observations and we have to find the number of simple bivariate regression for these observations.
So, For the solution of this problem,
We know that the
A simple linear regression (also known as a bivariate regression) is a linear equation describing the relationship between an explanatory variable and an outcome variable, specifically with the assumption that the explanatory variable influences the outcome variable, and not vice-versa.
And we know that the it is always same for the number as the number of given observations.
That's why there is 60 residuals.
So, There will be 60 residuals for simple bivariate regression's 60 observations.
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