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A social scientist would like to analyze the relationship between educational attainment (in years of higher education) and annual salary (in $1,000s). The accompanying data

A social scientist would like to analyze the relationship between educational attainment (in years of higher education) and annual salary (in $1,000s). The accompanying data file shows Salary and Education for 20 individuals.

Listed below is the data.

Salary

Education

33

5

55

3

80

8

53

7

72

9

64

7

119

10

52

0

27

5

39

5

98

2

50

4

59

5

59

5

151

7

57

0

83

9

72

5

133

5

30

0

Find the sample regression equation for the model: Salary = 0 + 1Education +.

Note: Round your answers to 2 decimal places.

What is the predicted salary (in $1,000s) for an individual who completed 6 years of higher education?

Note: Do not round intermediate calculations. Round the final answer to 2 decimal places.

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