I need to

• Develop and estimate a regression equation that can be used to predict average life satisfaction given GDP per capita. (2 marks).
• State the estimated regression equation and interpret the meaning of the slope coefficient (to make the interpretation easier multiply the estimated coefficient by 10,000). (3 marks).
• Is there a statistically significant association between GDP per capita and average life satisfaction? What is your conclusion? (2 marks).
• Did the regression equation provide a good fit? Explain. (3 marks)