Problem

The data in Exercise 11.53 were plotted by Systat’s ‘‘influence plot.’’ This plot is a s...

The data in Exercise 11.53 were plotted by Systat’s ‘‘influence plot.’’ This plot is a scatterplot, with each point identified as to how much its removal would change the correlation. The larger the point, the more its removal would change the correlation. The plot is shown in the figure. Does there appear to be an increasing pattern in the plot? Do any points clearly fall outside the basic pattern?

REFERENCE:

11.53 : A survey of recent M.B.A. graduates of a business school obtained data on first-year salary and years of prior work experience. The following results were obtained using the Systat package:

a. By scanning the numbers, can you sense there is a relation? In particular, does it appear that those with less experience have smaller salaries?

b. Can you notice any cases that seem to fall outside the pattern?

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