Question: A sales manager collected the following data on x = years of experience and y = annual sales ($1,000s). The estimated regression equation for these

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

= 82 + 4x.

Salesperson Years of Experience Annual Sales ($1,000s)
1 1 80
2 3 97
3 4 97
4 4 107
5 6 103
6 8 116
7 10 119
8 10 118
9 11 127
10 13 136

(a)Compute the residuals.

Years of Experience Annual Sales ($1,000s) Residuals
1 80
3 97
4 97
4 107
6 103
8 116
10 119
10 118
11 127
13 136

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