A sales manager collected the following data on x = years of experience and y = annual sales ($1,000s). The estimated re
Posted: Wed Jul 06, 2022 12:14 pm
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 ลท = 81 + 4x. Salesperson 1 3 4 4 6 8 10 10 11 1 (a) Compute the residuals. Years of Experience 13 2 3 4 5 6 7 8 9 10 Years of Experience 80 97 92 107 103 111 119 128 117 1 Annual Sales ($1,000s) 136 3 4 4 6 8 10 10 11 13 Annual Sales ($1,000s) 80 97 92 107 103 111 119 128 117 136 Residuals