Compute the Sum of Squared Residuals
-The Regression Line for the Given

question 129

Multiple Choice

Compute the Sum of Squared Residuals
-The regression line for the given data is $\hat { y } = 3.53 x + 37.92$ . Determine the residual of a data point for which $x =$ 8 and $y = 65$ .
$\begin{array}{l|c|c|c|c|c|c|c|c|c|}\hline \text { Years employed, } \mathrm{x} & 2 & 3 & 10 & 7 & 8 & 15 & 3 & 1 & 11 \\\hline \text { Sales, y } & 31 & 33 & 78 & 62 & 65 & 61 & 48 & 55 & 120\end{array}$

• A) \(- 1.16\)
• B) \(131.16\)
• C) \(66.16\)
• D) \(- 259.37\)

---

Definitions:

GLOBE Model

A theory in organizational behavior that describes, understands, and predicts the impact of cultural variables on leadership and organizational processes.

Active Management

A strategy in business and investments where decisions are made with the intention to outperform certain benchmarks or targets.

Transactional Leadership

A management style focused on supervision, organization, and performance; leadership is based on a system of rewards and punishments.

Efficiently Designed Initiatives

Initiatives planned and executed with optimal resource utilization and effectiveness.