Question: A statistical program is recommended. A sales manager collected the following data on x = years of experience and y = annual sales ($1,000s). The

A statistical program is recommended. 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 9 = 83 + 4x Salesperson Years of Experience Annual Sales ($1,000) 1 1 BO 2 3 97 3 102 4 107 S 6 10% 6 B 116 7 10 119 8 10 123 11 127 10 13 130 (a) Compute the residuals. Years of Experience Annual Sales ($1,000s) Residuals 1 80 79 X 3 97 4 102 4 107 6 103 8 116 10 119 10 123 11 127 13 136

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