Consider the following data in a study of the relationship betweeneducation and income.

Report the correlation statistic and significancewith a statement of your findings

Using the regression equation predict income for 12 years of education

Education (in years) 8,12,16,10,12,8,8,10,12,12,18,16,18,20,20,12,22,16,16,14

Income(x1,000) 15,20,40,15,25,15,25,15,10,10,20,15,50,45,25,85,90,30,60,50,45,35