The data in the table below are the monthly starting salary and the grade point average (GPA) of students who have obtained a bachelor’s degree in business administration.

Monthly

GPA Salary ($)

2.6       1800

3.4       2100

3.6       2500

3.2       2000

3.5       2400

2.9       2100

Using the computer printout provided below for the above data,

a. Write and interpret the equation for the regression line.

b. What is the coefficient of determination and what is its interpretation?

c. Is the slope coefficient statistically significant at the 5% level? Justify your answer.