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correlations and linear regression education and income

3. Use the following data set and complete the table. (Income is the dependent variable and education is the independent vari
a. Calculate x, y, and the standard deviations for both x and y. b. Calculate the Covariance, what does this tell us and what
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Answer #1

Here, Income is dependent variable & education is independent Vaniable. So, we plot income on yaxis & education only axis. LPres: 2 a celalene x, 7 and the sh de, both of y. = +(8+1341741*-+1671) = 12.99949 . i to reiz to (istastant 27 ) = 38.5 • stcalalale the connotation ? > conn (x,y) = CON(x,y) ſuks. such 25.494 2.791x 15.925 I 0-58 to high relation between I polsitivWhat is the equation for the regression eqution for the negression line } g the know, the nexessin line of younis g = gt byn

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