Consider the Following to Answer the Question(s) Below

question 31

Multiple Choice

Consider the following to answer the question(s) below:
To determine whether the cash bonuses paid by Johnson Financial Group are related to annual pay, data were gathered for 10 account executives who received such bonuses in 2007. The data, scatterplot and summary statistics are shown below.

-What percent of the variability in cash bonuses can be explained by pay?

• A) 100%
• B) 85%
• C) 73%
• D) 30%
• E) 54%