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The data show the yearly income (in $1000) and age of a sample of seven individuals. Age Income (in $1000) 18 20 20 24 23

The data show the yearly income (in $1000) and age of a sample of seven individuals.

Age Income (in $1000)
18 20
20 24
23 24
24 26
27 30
27 36
34 22

Compute the coefficient of determination. (round to 2 decimals).

Complete the least squares estimated regression equation. (round numbers to 4 decimals).

We would like to see if the slope is significant. Using attest, what is the value of the test statistic? (round to 2 decimals)

What is the p-value? (round to 4 decimals)

At the 5% level of significance, determine the conclusion and if the model is significant.

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