A scatterplot of Salary against Years Experience for some employees and the scatterplot of residuals against predicted
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A scatterplot of Salary against Years Experience for some employees and the scatterplot of residuals against predicted Salary from the regression line are shown in the figures. On the basis of these plots, would you recommend a re-expression of either Salary or Years Experience?
Transcribed Image Text:
60 50 40+ 30 + 10 20 30 40 Years Experience 15+ 10+ 5+ -5 -10 -15+ + 30 + 50 20 40 Predicted Sal ary Residuals 20
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Related Book For
Business Statistics
ISBN: 9780133899122
3rd Canadian Edition
Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright
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