Asocial scientist would like to analyze relationship between educational attainment and. he collects the following sample data, where education refers to years of higher education and salary is the individual's annual salary (in $1,000s):
education 3 4 6 2 5 4 8 0
salary 40 53 80 42 70 50 110 38
a. find the sample regression equation for the model: salary= beta_0 + beta_1 education + epsilon.
b. interpret the coefficient for education.
c. what is the predicted salary for an individual who completed 7 years of higher education?

it would to have a graph or something ! but i had this question so its false

step-by-step explanation:

step-by-step explanation:

let

we know that

the y-intercept is the y-coordinate of the point when the value of x is equal to zero

so

the y-coordinate of the point a is the y-intercept

the answer part a) is

the value of y-intercept is

part b) find the slope m

we know that

the value of the slope is equal to

substitute the values

therefore

the answer part b) is

the value of the slope is equal to

the general answer is

the slope is

the value of y-intercept is

step-by-step explanation:

i dont know the answer but here's a picture of a dog