Question: There is a database called DATA, which contains information about remuneration for a business sector, whose variables are the following: y = Index of real

There is a database called DATA, which contains information about remuneration for a business sector, whose variables are the following:

y = Index of real compensation per hour

X =Production rate

A simple, quadratic and exponential linear regression model is requested. Compare the three types and indicate which would best represent the results. Also, interpret results.

DATA

Y X
60.8 48.9
62.5 50.6
64.6 52.9
66.1 55
67.7 56.8
69.1 58.8
71.7 61.2
73.5 62.5
76.2 64.7
77.3 65
78.8 66.3
80.2 69
82.6 71.2
84.3 73.4
83.3 72.3
84.1 74.8
86.4 77.1
87.6 78.5
89.1 79.3
89.3 79.3
89.1 79.2
89.3 80.8
90.4 80.1
90.3 83
90.7 85.2
92 87.1
94.9 89.7
95.2 90.1
96.5 91.5
95 92.4
96.2 94.4
97.4 95.9
100 100
99.7 100.4
99 101.3
98.7 101.5
99.4 104.5
100.5 106.5
105.2 109.5
108 112.8
112 116.1
113.5 119.1
115.7 124
117.7 128.7
119 132.7
120.2 135.7

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