Exercise #8 We generally know that I scores are a strong statistical predictor of multiple future lite outcomes - income, education levels, heath, even longe There are hundreds of studies that confirm these correlations So in that sense, it "predicts your future success But for every individual we ascribe as a "genius" from Mark Zuckerberg to Steve Jobs, there are just as many that struggle with mentalnes and personal crises like Nobel Prize laureate John Nash (of "A Beilliant Mind" fame) Perhaps you will also agree with me that Mark Zukerberg, the creator of Facebook (now called Meta) one of the most successful Social Media platform is also a very socially akward person In fact, some research indicates a correlation between high intelligence and mental health issues But all that aside, consider this data set of 10 scores and annual carnings IQ Score Annual Earnings 1130 $ 135,000 [119 S 98.000 185 $ 65,000 135 5 125,000 115 1$ 98,000 $ 110,000 Looking at these data, and performing the required and appropriate analysis on Excel, please answer the following questions: Is there a correlation between IQ scores and Annual Earnings? (Yes/No) - 1 mark a What is the strength of the correlation?- 1 mark Is the correlation positive or negative?. 1 mark If a person had 01 (hypothetically of course) what would their potential earnings be?. 1 mark . For every point of additional 10 score, what is the increased earning potential?. 1 mark . All calculations are shown clearly, including Excel output - 5 marks This assignment is worth 10% 120