Question: true or false, for a certain firm a regression using a sample of 80 workers (including John) gives: Bonus = 2,000 + 257 Experience +
true or false, for a certain firm a regression using a sample of 80 workers (including John) gives: Bonus = 2,000 + 257 Experience + 0.046 Salary. John has 10 years' experience, earns $50,000, and gets a bonus of $7,000. Suppose the standard deviation of all the 80 residuals is $125. Then the residual for John is not unusual.
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