Answer & Explanation:For
each of these,(a)
draw a scatterplot for the two variables(b)
find the correlation coefficient. Discuss its meaning.(c)
find the linear regression equation which predicts y given a value of x. Interpret the meaning of the slope and the
y-intercept. For #1, estimate the income
of someone who is 32 years old. For #2,
estimate the savings of someone who earns $60,000.
regression_assign.xls
