4) 25%) A regression analysis has been conducted between the annual income (in 1000 euros) and the work experience (in y

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answerhappygod
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4) 25%) A regression analysis has been conducted between the annual income (in 1000 euros) and the work experience (in y

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4) 25%) A regression analysis has been conducted between the
annual income (in 1000 euros) and the work experience (in years).
The results are summarized below. a) Define the independent and
dependent variables. What can you say about the correlation between
them. b) Write the regression model and interpret the coefficients.
c) Estimate the average annual income of a person who has 15 years
of work experience.
YEARS EXPERIENCE SALARY (USD) 3years and salary 45000
5years and salary 53000
10years and salary 68000
14years and salary 82000
17years and salray 100000
20years and salary 109000
25years and salary 140000
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