Below you will find a scatterplot of data gathered by an online retail company. The company has been able to obtain the annual salaries of their customers and the amount that each of these customers spent on the company's site last year. Based on the scatterplot below, would you conclude that these data meet all four assumptions of regression? Explain your answer.
Definitions:
Job Performance Tests
Assessments designed to evaluate an employee's effectiveness, efficiency, and productivity in their role.
Validity
The extent to which a concept, conclusion, or measurement is well-founded and likely corresponds accurately to the real world.
Customization
Tailoring products or services to meet the specific needs or preferences of individual customers.
Banding
A method of categorizing or grouping similar jobs or salary levels within an organization for administrative purposes.
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