, 17.07.2019 16:20 PlzNoToxicBan

# Asocial scientist would like to analyze the relationship between educational attainment (in years of higher education) and annual salary (in \$1,000s). he collects data on 20 individuals. a portion of the data is as follows: education 3 4 6 2 5 4 8 0 salary \$40 36 56 35 72 47 107 52 a) find the sample regression equation for the model: salary = ? 0 + ? 1education + ? . (round intermediate calculations to 4 decimal places. enter your answers in thousands rounded to 2 decimal places.) b) interpret the coefficient for education. c) what is the predicted salary for an individual who completed 7 years of higher education? (round intermediate coefficient values to 2 decimal places and final answer, in dollars, to the nearest whole number.)

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