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A social scientist would like to analyze the relationship between educational attainment (in years of higher education) and aninual salary (in $$,000s). He collects data

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A social scientist would like to analyze the relationship between educational attainment (in years of higher education) and aninual salary (in \$\$,000s). He collects data on 20 individuale. A portion of the data is as follows: B cilck here for the Excel Data File 0. Find the sample regression equation for the model, salary =e+1 tducation +c. (Round your answers to 2 decimal places.) b. Interpret the coefficient for Education As Education increases by 1 yeat, an individual's annual salary is predicted to increase by $8,590. As Education incieases by 1 year, an individuars annual salary is predicted to increase by $10.850. As Education increases by 1 yeat, an individuar's annual salary is predicted to decrease by $10.850 As Education increases by 1 yeac, an individual's annual salery is predicted to decrease by $8,590. c. What is the predicted salary (in \$1,000s) for an individual who completed 7 years of higher education? (Do not round intermedlate colculetions. Round your final onswer to neerest whole numbet.)

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