13 136 Construct a residual plot. 16 16 16 16 12 12 12- 12 8. 8 8- 8 4 4 4 4 -4 -4 -4 -4 -8- -8- -12- -8 -8 -12 -12 -12 -16 -16 -16 -16 o 2 4 6 8 10 0 2 4 6 8 10 0 2 0 2 12 14 12 14 4 6 8 10 12 14 4 6...


13<br>136<br>Construct a residual plot.<br>16<br>16<br>16<br>16<br>12<br>12<br>12-<br>12<br>8.<br>8<br>8-<br>8<br>4<br>4<br>4<br>4<br>-4<br>-4<br>-4<br>-4<br>-8-<br>-8-<br>-12-<br>-8<br>-8<br>-12<br>-12<br>-12<br>-16<br>-16<br>-16<br>-16<br>o 2 4 6 8 10<br>0 2 4 6 8 10<br>0 2<br>0 2<br>12<br>14<br>12<br>14<br>4 6 8 10<br>12<br>14<br>4 6 8<br>10<br>12<br>14<br>Years of Experience<br>Years of Experience<br>Years of Experience<br>Years of Experience<br>(b) Do the assumptions about the error terms seem reasonable in light of the residual plot?<br>O The plot suggests a funnel pattern in the residuals indicating that the error term assumptions do not appear reasonable.<br>O The plot suggests a funnel pattern in the residuals indicating that the error term assumptions appear reasonable.<br>O The plot suggests a generally horizontal band of residual points indicating that the error term assumptions do not appear reasonable.<br>O The plot suggests curvature in the residuals indicating that the error term assumptions appear reasonable.<br>O The plot suggests a generally horizontal band of residual points indicating that the error term assumptions appear reasonable.<br>

Extracted text: 13 136 Construct a residual plot. 16 16 16 16 12 12 12- 12 8. 8 8- 8 4 4 4 4 -4 -4 -4 -4 -8- -8- -12- -8 -8 -12 -12 -12 -16 -16 -16 -16 o 2 4 6 8 10 0 2 4 6 8 10 0 2 0 2 12 14 12 14 4 6 8 10 12 14 4 6 8 10 12 14 Years of Experience Years of Experience Years of Experience Years of Experience (b) Do the assumptions about the error terms seem reasonable in light of the residual plot? O The plot suggests a funnel pattern in the residuals indicating that the error term assumptions do not appear reasonable. O The plot suggests a funnel pattern in the residuals indicating that the error term assumptions appear reasonable. O The plot suggests a generally horizontal band of residual points indicating that the error term assumptions do not appear reasonable. O The plot suggests curvature in the residuals indicating that the error term assumptions appear reasonable. O The plot suggests a generally horizontal band of residual points indicating that the error term assumptions appear reasonable.
A statistical program is recommended.<br>A sales manager collected the following data on x = years of experience and y = annual sales ($1,000s). The estimated regression equation for these data is ý = 81 + 4x.<br>Years of<br>Annual Sales<br>($1,000s)<br>Salesperson<br>Experience<br>1<br>80<br>2<br>3<br>97<br>3<br>4<br>97<br>4<br>102<br>6<br>103<br>8<br>111<br>7<br>10<br>119<br>8<br>10<br>128<br>11<br>117<br>10<br>13<br>136<br>(a) Compute the residuals.<br>Annual Sales<br>($1,000s)<br>Years of<br>Residuals<br>Experience<br>80<br>3<br>97<br>4<br>97<br>4<br>102<br>6<br>103<br>8<br>111<br>10<br>119<br>10<br>128<br>11<br>117<br>13<br>136<br>Construct a residual plot.<br>

Extracted text: A statistical program is recommended. A sales manager collected the following data on x = years of experience and y = annual sales ($1,000s). The estimated regression equation for these data is ý = 81 + 4x. Years of Annual Sales ($1,000s) Salesperson Experience 1 80 2 3 97 3 4 97 4 102 6 103 8 111 7 10 119 8 10 128 11 117 10 13 136 (a) Compute the residuals. Annual Sales ($1,000s) Years of Residuals Experience 80 3 97 4 97 4 102 6 103 8 111 10 119 10 128 11 117 13 136 Construct a residual plot.
Jun 10, 2022
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