Question: There seems to be a relation between salaries (Y) obtained after graduation and tuition fees (x) paid to business school -- thus higher the tuition

There seems to be a relation between salaries (Y) obtained after graduation and tuition fees (x) paid to business school -- thus higher the tuition fees paid, higher the salaries offered by employers. Following data was obtained from 22 colleges (both x and y were measured in $1000s):

xi = 770yi = 1496Coeff of correlation (r_xy) = 0.6286

(xi xbar)²= 2541(yi ybar)²= 4116(yhat ybar)²= 3591

Estimate the regression line Y = a + b Y. Calculate and interpret R², ANOVA, F, and t-values

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