Question: Please show step by step solution it would be awesome if you send it in written format The Toronto Star once conducted a survey in

Please show step by step solution it would be awesome if you send it in written format

Please show step by step solution it would be awesome if you

The Toronto Star once conducted a survey in which a person's annual income was used to predict that person's happiness on a scale from 1 to 100 (100 being best). These were the results: Income(1000's): 10, 25, 35, 55, 90, 125, 160, 500 Happiness: 50 70 72.55 76.29 74.53 67.05 79.54 78.56 Alf income is used to predict happiness on this scale, find equation of correlation y atbx. Round the values to 3 decimals. Interpret the result of the slope. b) Is the model representing a strong linear correlation? (Calculate r) I c) What percentage of the variation in the happiness rating is explained by income? (je Calculate R2) d) If a person's annual income is $50,000, predict this person's happiness rating on this scale. Round your answer to 1 decimal

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