Question: Please, if possible, give whole answer with graph. I need to make sure the question is correct. 1. A professor of economics wants to study

Please, if possible, give whole answer with graph. I need to make sure the question is correct.

Please, if possible, give whole answer with graph. I need to make

1. A professor of economics wants to study the relationship between income (y in $10005) and education (x in years). A random sample of eight individuals is taken and the results are shown below. 16 11 15 8 12 10 13 14 58 40 55 35 43 41 52 49 (a) Draw a scatter diagram of the data to determine whether a linear model appears to be appropriate. (Any sowares are ok) (b) Determine the least squares regression line. (c) Interpret the value of the coefcients of the regression line

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