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answer in details amd show working. QUESTION 5 A team of researcher from Bank Y aimed to investigate how the income of persons influences the

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QUESTION 5 A team of researcher from Bank Y aimed to investigate how the income of persons influences the amount of saving per month. The team collects the information from nine persons. The amount of savings per month (in RM'00) and monthly income (RM'00) were summarized in a table and the SPSS output are given below. Amount of Saving 2.0 3.0 5.5 6.5 5.2 8.0 2.5 2.8 3.5 Monthly Income 35 48 52 67 55 70 31 28 45 ANOVAb Model Sum of Squares df Mean Square F Sig. Regression 29.059 29.059 42.195 .000 Residual 4.821 .689 Total 33.880 8 Coefficients" Standardized Unstandardized Coefficients Coefficients Model B Std. Error Beta Sig. (Constant) 1.791 983 -1.823 .111 Income .128 020 926 6.496 .000 a) Identify the dependent and independent variable. (2 marks) b) Find the correlation value between monthly income and amount of saving per month. Interpret the result obtained. (5 marks) c) Calculate the percentage of total variation in amount of saving that can be explained by the total variation in income. (2 marks) d) Find the value of slope, P and interpret its meaning. (3 mark) e) Write down the linear regression equation. (1 mark) f) Predict the amount of saving for a person with the income of RM200. (2 mark)

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