3. Analyse the relationship between annual bonus ($1000) and years of experience working. The data are listed here: Annual bonus and years of experience Years of experience Annual Bonus ($1000) 6 2 3 9 5 U 17 6 12 a) Is the correlation positive or negative? b What is the response and explanatory variable? c) What is the coefficient of determination (r2) and interpret the meaning. d) What is the correlation coefficient (r ) and comment on the strength of correlation? e) Determine the least squares line y = a + bx. f) Predict the annual bonus ($1000) , if the years of experience is 4