An economics student is interested in researching the relationship between

average income (in million rupiah) with work experience (in years) from

a dentist. He collected data from 8 dentists. With

using a statistical application, he performed a simple linear regression analysis of

effect of work experience on dentist income, as reported

in the following table

SUMMARY OUTPUT Regression Statistics Multiple R 0.8753 R Square 0.7661 Adjusted R Square 0.7271 Standard Error 0.9619 Observations 8 ANOVA TABLE FOR REFRESSION SS MS F Significance F Regression 18.187 18.187 19.656 0.0044 Residual 6 5.552 0.925 Total 23.739 Coefficients Standard Error t Stat P-value Intercept 65.3843 0.9385 69.6653 0 Years of employment 0.2698 0.0609 4.4334 0.0044