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An economics lecturer wants to study the relationship between income (in $1000s) and education (in years). A random sample of ten individuals in their thirties

An economics lecturer wants to study the relationship between income (in $1000s) and education (in years). A random sample of ten individuals in their thirties is taken and the results given below.

Education, x

16

13

15

10

13

10

19

16

13

15

Income, y

73

45

65

40

48

41

95

72

62

59

From a preliminary analysis of the above sample data, it was found that:

mean x = 14 mean y = 60

SSX = 70 SSY = 2698 SSXY = 410

Calculate three decimal places, the coefficient of determination, r2 =

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