To determine whether the cash bonus paid by a company is related to annual pay, data were gathered for 10 account executives at Beta Financial Group who received cash bonuses in 2007. The data are shown in the table below.
Annual Pay = x |
Cash Bonus = y |
70,609 |
11,225 |
58,487 |
6,238 |
104,561 |
14,194 |
43,922 |
4,188 |
82,613 |
11,863 |
116,250 |
13,671 |
76,751 |
7,758 |
68,513 |
20,760 |
137,000 |
55,000 |
94,469 |
34,368 |
The equation of the estimated regression line that relates the response (dependent) y-variable (cash bonus) to the predictor (independent) x-variable (annual pay) is
A. x y 4087 .0945 , 16 +-=
B. x y 945 , 164087.0 -=
C. x y 4087 .0945 , 16 +=
D. x y 4087 .0945 , 16 --=
E. none of the above