The Regression Equation Salary = 45,000 + 1500 YearsExperience

Multiple Choice

The regression equation Salary = 45,000 + 1500 YearsExperience + 2800 YearsCollege describes employee salaries at Terminus Fissile Labs. The standard error is 2500. Lars has 15 years' experience and 4 years of college. His salary is $70,500. If this regression is valid, we conclude that:

A) Lars is underpaid, but is not an outlier.
B) Lars is underpaid, and his salary is an outlier.
C) Lars is overpaid, but is not an outlier.
D) Lars is overpaid, and his salary is an outlier.