Consider the Following to Answer the Question(s) Below

question 1

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.
Note: In answers to problems 2, 4, and 5 we will be using regression equation coefficients received by computer software. If we apply textbook formulae, the value of intercept will be a little bit different.
-Comment on whether each of the following conditions for correlation / linear regression is met.
a. Quantitative Variables Condition
b. Linearity Condition
c. Outlier Condition

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Definitions:

Gastroenterologist

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Painful sensations caused by involuntary contractions of the muscles in the stomach region.

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