Use the following to answer questions
To determine whether the cash bonus paid by a company is related to annual pay, data
were gathered for 10 account executives at Johnson Financial Group who received cash
bonuses in 2007.The data, scatterplot, and summary statistics are shown below.
-Using the estimated regression equation,
a.Estimate the cash bonus for an executive at Johnson Financial earning $82, 613 a year.
b.What is the residual for this estimate?

Question

Use the following to answer questions 
To determine whether the cash bonus paid by a company is related to annual pay, data
were gathered for 10 account executives at Johnson Financial Group who received cash
bonuses in 2007.The data, scatterplot, and summary statistics are shown below.  
-Using the estimated regression equation,
a.Estimate the cash bonus for an executive at Johnson Financial earning $82, 613 a year.
b.What is the residual for this estimate?

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The Answer of Use the following to answer questions 
To determine whether the cash bonus paid by a company is related to annual pay, data
were gathered for 10 account executives at Johnson Financial Group who received cash
bonuses in 2007.The data, scatterplot, and summary statistics are shown below.  
-Using the estimated regression equation,
a.Estimate the cash bonus for an executive at Johnson Financial earning $82, 613 a year.
b.What is the residual for this estimate?

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