Construct a residual plot. 167 EREG 167 16 167 12 12 12 12 8- 8 8 8 4- 4 4 4- 0- 0- -4 -4 -4 -4 -8 -8 -12 -16 -8- -8- -12 -16 -12 -12 -16 -16 6 8 10 12 8 10 4 6 8 10 6 8 10 4 14 4 6 12 14 12 14 2 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 generally horizontal band of residual points 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 appear reasonable. • The plot suggests curvature in the residuals indicating that the error term assumptions appear reasonable.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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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 = 82 + 4x.
Years of
Experience
Annual Sales
($1,000s)
Salesperson
1
80
97
3
97
4
107
103
6
8
116
10
119
8
10
118
11
127
10
13
136
(a) Compute the residuals.
Years of
Experience
Annual Sales
($1,000s)
Residuals
1
80
-5
97
4
4
97
4
107
5
6
103
|-2
8
116
|-2
10
119
|-2
10
118
7
11
127
|-8
13
136
3
Construct a residual plot.
Transcribed Image Text: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 = 82 + 4x. Years of Experience Annual Sales ($1,000s) Salesperson 1 80 97 3 97 4 107 103 6 8 116 10 119 8 10 118 11 127 10 13 136 (a) Compute the residuals. Years of Experience Annual Sales ($1,000s) Residuals 1 80 -5 97 4 4 97 4 107 5 6 103 |-2 8 116 |-2 10 119 |-2 10 118 7 11 127 |-8 13 136 3 Construct a residual plot.
Construct a residual plot.
16T
16T
16
16
12
12
12
12
8
8-
8+
8-
4-
4
4+
4-
-4
-4
-4
-4-
-8
-8-
-8
-8
-12-
-12
-12-
-12
-16
-16
-16
-16
6 8
4 6 8
2
4
6
8
10
12
14
2
4 6 8 10
12
14
4
10
12
14
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 generally horizontal band of residual points 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 appear reasonable.
O The plot suggests curvature in the residuals indicating that the error term assumptions appear reasonable.
Residuals
Transcribed Image Text:Construct a residual plot. 16T 16T 16 16 12 12 12 12 8 8- 8+ 8- 4- 4 4+ 4- -4 -4 -4 -4- -8 -8- -8 -8 -12- -12 -12- -12 -16 -16 -16 -16 6 8 4 6 8 2 4 6 8 10 12 14 2 4 6 8 10 12 14 4 10 12 14 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 generally horizontal band of residual points 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 appear reasonable. O The plot suggests curvature in the residuals indicating that the error term assumptions appear reasonable. Residuals
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