Social researchers are interested in the relationship between income and happiness. You survey 500 people whose incomes range from $15,000 to $75,000 and ask them to rank their happiness. Income (x) is in $10,000 units and happiness(y) is on the scale of 1 to 10. You generate the following statistics using the survey data and they are shown below. y = 0.7138(x) + 0.2043 Correlation coefficient = .8656 Coefficient of Determination = 0.7493 Standard Error of Estimate = 6.503 1. Is income a good indicator of happiness? Explain. (2 points) 2. Tell me three more things about the relationship between income and happiness, using the statistics noted above. (3 points) USE UNITS and explain fully