Background In your role as an economic analyst, you have been asked the following question: how much does education influence wages? The Excel data file (wages) contains 100 observations for each of the following variables: Variable Label Wage Earnings per hour Educ Years of education Instructions Conduct a simple linear regression analysis to examine the relationship between 'education' (the independent variable) and 'wages' (the dependent variable). Using the Excel data file, prepare a 1500 word report using the following structure: Purpose (5 marks) In this section, the purpose of the report needs to be clearly and concisely stated. Background (10 marks) In this section, write a brief overview of the association between education and earnings. Why would economists be interested in this particular issue? Method (5 marks) In this section, provide an overview of the empirical approach used to examine the association between education and wages