An average handyman in Hawaii charges $50 every hour, the standard deviation of the hourly charge for a handyman is $10. The average number of years the handymen have been in work is 20, standard deviation for an hourly rate is 4. The covariance between the years of experience and an hourly charge is 30.

a) Create a Regression Equation: (Hint y = a + bx)

b) How much should a handyman with 25 years of experience charge?

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