Consider the Following to Answer the Question(s) Below

question 6

Multiple Choice

Consider the following to answer the question(s) below:
A regression model was developed relating average annual pay to the percentage of women employed for a sample of companies. Below is the plot of residuals versus predicted values.
-What does the plot of residuals suggest?

• A) An outlier is present in the data set.
• B) The linearity condition is not satisfied.
• C) A high leverage point is present in the data set.
• D) The equal spread condition is not satisfied.
• E) The data are not normal.

---

Definitions:

Currency Exchange Rates

The value one currency holds in the exchange for another currency.

Equivalent Amount

A quantity that is equal in value, power, or meaning to another, often used in financial contexts to compare different currencies or investment returns.

First Column

In a table or spreadsheet, the first column is typically the left-most column, often used for the primary category or indicator of each row.

Second Column

In a table or spreadsheet, it refers to the column positioned immediately after the first column.