Question: B. The regression model below explains the variation salary of a sample of 100 employees in a company. ANDVA Significance Regression 6945454556 15.67658 L.26E-D6

 B. The regression model below explains the variation " salary of

B. The regression model below explains the variation " salary of a sample of 100 employees in a company. ANDVA Significance Regression 6945454556 15.67658 L.26E-D6 Residual 21487751927 Total 28433206483 Standard Coefficients Error t Stat P-value Intercept 5545.103 9109.771 -2.106 0 038 No of years studying 335.482 596.796 5.542 Years of working experience 518.436 122.973 3.159 0.002 i) Outline the regression equation from the above summary output. Interpret all the coefficients (2 marks) Is the overall model significant at 5% significance level? (4 marks) Which of the independent variables are significant at 1% significance level? Explain. (4 marks)

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