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Please help if possible. My data is to the right Help A social scientist would like to analyze the relationship between educational attainment (in years

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Please help if possible. My data is to the right

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Help A social scientist would like to analyze the relationship between educational attainment (in years of higher education) and annual salary (in $1,000s). He collects data on 20 individuals. A portion of the data is as follows: Salary Education 34 66 33 Salary Education Click here for the Excel Data File 34 3 a. Find the sample regression equation for the model: Salary = So + 81Education + r. (Round your answers to 2 decimal places.) 66 Salary = 48.02 + 5.46 Education 89 4 56 3 b. Interpret the coefficient for Education. 71 7 O As Education increases by 1 year, an individual's annual salary is predicted to increase by $8,590. As Education increases by 1 year, ual salary is predicted to decrease by $4,690 80 2 O As Education increases by 1 year, an individual's salary is predicted to increase by $4,690 O As Education increases by 1 year, an individual's an ary is predicted to decrease by $8,590. 111 J wine the endfor an individual who completed 7 years of higher education? (Do not round intermediate 51 0 23 36 2 100 p 35 71 6 68 9 163 5 56 0 86 5 c. What is the predicted salary (in $1,000s) for an individual who completed 7 years of higher education? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) 58 4 Salary (in $1,000s) 128 9 33 0

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