MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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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
80
2
2
89
3
94
90
104
101
7
7
110
117
116
10
10
119
a. Compute the residuals and choose a residual plot for this problem.
|æ (to 1 decimal)
A.
Residuals
-2
00
00
4.
2.
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Transcribed Image Text: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 80 2 2 89 3 94 90 104 101 7 7 110 117 116 10 10 119 a. Compute the residuals and choose a residual plot for this problem. |æ (to 1 decimal) A. Residuals -2 00 00 4. 2.
10
12
D.
Residuals
-4
-6
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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Transcribed Image Text:10 12 D. Residuals -4 -6 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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