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The Figure Shows Is a Plot and a Fitted Linear

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The figure shows is a plot and a fitted linear regression line of the age-earnings profile of
1,744 individuals, taken from the Current Population Survey. The figure shows is a plot and a fitted linear regression line of the age-earnings profile of 1,744 individuals, taken from the Current Population Survey.   (a)Describe the problems in predicting earnings using the fitted line.What would the pattern of the residuals look like for the age category under 40? (a)Describe the problems in predicting earnings using the fitted line.What would the pattern
of the residuals look like for the age category under 40?

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