3. Show answer and steps

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) 1 6 2 3 9 5 UI 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