6. A sales manager collected the following data on annual sales for new customer accounts and the number of years of experience for a sample of 10 salespersons.Kindly answer letters A & B A sales manager collected the following data on annual sales for new customer accounts and the number of years of experience for a sample of 10 salespersons.Years ofAnnual SalesSalesperson Experience($1000)1181187392449855100610678118891249.111321012140a. Compute the residuals and choose a residual plot for this problem.+x (to 1 decimal) D.Residuals42F-2--441012The correct plot of the residuals isSelect your answer -b. Do the assumptions about the error term seem reasonable in light of the residual plot?The assumptions concerning the error termSelect your answerv reasonable.

Answered: A sales manager collected the following…

A sales manager collected the following data on annual sales for new customer accounts and the number of years of experience for a sample of 10 salespersons. Kindly answer letters A & B

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

ChapterP: Prerequisites

SectionP.6: The Rectangular Coordinate System And Graphs

Problem 2ECP

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Question

6. A sales manager collected the following data on annual sales for new customer accounts and the number of years of experience for a sample of 10 salespersons.

Kindly answer letters A & B

A sales manager collected the following data on annual sales for new customer accounts and the number of years of experience for a sample of 10 salespersons.
Years of
Annual Sales
Salesperson Experience
($1000)
1
1
81
1
87
3
92
4
4
98
5
5
100
6
106
7
8
118
8
9
124
9.
11
132
10
12
140
a. Compute the residuals and choose a residual plot for this problem.
+
x (to 1 decimal)

D.
Residuals
4
2
F-2
--4
4
10
12
The correct plot of the residuals is
Select your answer -
b. Do the assumptions about the error term seem reasonable in light of the residual plot?
The assumptions concerning the error term
Select your answer
v reasonable.

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