Income (in 1960 dollars/person) for European countries and the percent of the labor force (in %) that works in agricultu

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Income (in 1960 dollars/person) for European countries and thepercent of the labor force (in %) that works in agriculture in 1960are in the table below ('OECD economic development,' 2013).
f) Should you use the regression equation to predict the incomeof a randomly selected European country that has a percent of laborin agriculture of 39 %?
Select an answer yes, this X-value is between Xmin and Xmax yes,you can use the regression equation for any value of X no, thisX-value is not between Xmin and XmaxShould you use the regression equation to predict the income of arandomly selected European country that has a percent of labor inagriculture of 123 %?
Select an answer yes, this X-value is between Xmin and Xmax no,this X-value is not between Xmin and Xmax yes, you can use theregression equation for any value of XLooking at your answers above, predict the income for the one abovethat it made sense to do so.
Make sure you use the stored equation and not therounded equation from part c.
Round final answer to 2 decimal places.
g) Compute the residual for the following ordered pair in thedata: (36, 529).
Make sure you use the stored equation and not therounded equation from part c.
Round final answer to 2 decimal places.
The residual for the European country with a percent of labor inagriculture of 36 % isInterpret what this value means in the context of this problem.