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Chapter 14 Part 1 Homework At Due Tuesday by 11:59pm Points 30 Submitting a text entry box or a file upload Available Nov 14 at

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Chapter 14 Part 1 Homework At Due Tuesday by 11:59pm Points 30 Submitting a text entry box or a file upload Available Nov 14 at 12am - Nov 29 at 11:59pm You are interested in exploring the relationship between the income of professors (measured in thousands of dollars) and the number of years they have been employed by the university. You collect the following data from eight professors: Use Excel to run the simple linear regression analysis of income on the length of employment. A. What are your guesses about the correlation coefficient between years of employment and income? Find the actual correlation coefficient with Excel. B. What is the estimated regression line equation? Interpret the slope. C. What is the estimated income for a professor with 20 years of employment

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