Question: I need help understanding these two problems please. The annual bonuses (in thousands of dollars) of six employees with different years of experience were recorded

I need help understanding these two problems please.

The annual bonuses (in thousands of dollars) of six employees with different years of experience were recorded as follows.You want to know if an employee's annual bonus can be predicted by using years of experience.(note:leave annual bonus values in their single digit form.Their units will be "thousands of dollars")

Years of experience:123456

Annualbonus:61951712

Calculate the slope.

Calculate the y intercept.

Write the estimated model including the coefficient values.

Calculate and interpret the coefficient of determination.

QUESTION 2

1.A human resource manager is trying to develop a model to predict job performance.The manager randomly selects the records of 25 employees and notes the following variables:job performance rating (scale of 0 to 100), years of experience, and undergraduate GPA.The data produced the following partial results:

PredictorCoefStdevt-ratiop

Constant-20.97920.191-1.0390.3101

Yrs ofexp1.9360.6752.8690.0089

GPA25.5926.6553.8450.0009

Analysis of Variance

SOURCEDFSSMSFP

Regression23930.7171965.35812.0820.0003

Error223578.643162.666

Total247509.360

S =______R-sq = _______

Calculate a 95% confidence interval for the effect on job performance of 1 additional year of experience. Show the complete process.

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