Consider the Following to Answer the Question(s) Below

question 21

Essay

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.

-Comment on whether each of the following conditions for correlation / linear regression is met.
a. Quantitative variable condition.
b. Linearity condition.
c. Outlier condition.

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Definitions:

Dissociative Fugue

A rare psychological state in which a person loses awareness of their identity or other important autobiographical information and often engages in unexpected travel or wandering.

Dissociative Amnesia

A mental health disorder characterized by memory loss that cannot be attributed to ordinary forgetfulness, often related to traumatic or stressful events.

Generalized

Broad or widespread, not specific to one instance or case.

Selective

Being highly specific or discriminating in choices or preferences, often referring to behaviors, actions, or processes in various contexts.