Employee Years Employed Salary 1 27 $65,487 2 20 $46,184 3 0 $32,782 4 12 $54,899 5 7 $34,869 6 8 $35,487 7 5 $26,548 8 15 $32,920 9 5 $29,548 10 6 $34,231 11 0 $23,654 12 9 $39,331 13 6 $36,512 14 3 $35,467 15 25 $68,425 16 9 $35,468 17 4 $36,578 18 18 $39,828 19 6 $36,487 20 19 $37,548 21 3 $31,528 22 5 $34,632 23 14 $46,211 24 2 $29,876 25 6 $43,674 26 18 $38,985 27 25 $53,234 28 18 $51,698 29 22 $41,889 30 21 $38,791 31 22 $69,246 32 6 $48,695 33 9 $34,987 34 0 $28,985 35 6 $35,631 36 20 $54,679 37 9 $39,743 38 9 $41,255 39 9 $36,431 40 0 $26,578 41 15 $47,536 42 6 $36,571 43 12 $56,326 44 7 $31,425 45 6 $24,749 46 1 $26,452 The human resources manager of DataCom, Inc., wants to examine the relationship between annual salaries (Y)...

50.1K

Verified Solution

Question

General Management

EmployeeYears EmployedSalary
127$65,487
220$46,184
30$32,782
412$54,899
57$34,869
68$35,487
75$26,548
815$32,920
95$29,548
106$34,231
110$23,654
129$39,331
136$36,512
143$35,467
1525$68,425
169$35,468
174$36,578
1818$39,828
196$36,487
2019$37,548
213$31,528
225$34,632
2314$46,211
242$29,876
256$43,674
2618$38,985
2725$53,234
2818$51,698
2922$41,889
3021$38,791
3122$69,246
326$48,695
339$34,987
340$28,985
356$35,631
3620$54,679
379$39,743
389$41,255
399$36,431
400$26,578
4115$47,536
426$36,571
4312$56,326
447$31,425
456$24,749
461$26,452

The human resources manager ofDataCom, Inc., wants to examine the relationship between annualsalaries (Y) and the number of years employees have worked atDataCom (X). These data have been collected for a sample ofemployees and are given above.

1. Draw a normal probability plot ofresiduals by finding out the Z-score of the residuals. Use Excel.Plot Z-score at Y – axis and residuals at X – axis. Do theresiduals seem normally distributed? Explain.

Answer & Explanation Solved by verified expert
3.6 Ratings (266 Votes)
The initial graph for the dataNorml Probability Plot for X axis number of years employees haveworked at DataComOrder the data according to the number of years employed Thennumbering is done in order from 1 46 Cumulative Probability iscalculatedi number of the data n 46Cumulative Probability i05Z score for the probability is calulated in excel using theformula NORMSINVprobabilityYears EmployedSalaryNumberCumilative ProbabilityZ score0 32782100109229490 23654200326184380 28985300543160410 26578400761143191    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students