| (15 Points) Does experience lead to a higher starting salary when being hired? |
| Do a scatter plot, correlation, and regression analysis to analyze the following data. |
| Years experience | Starting Salary | | | | Write your answers here: |
| 4 | 37 | | | Name: |
| 6 | 44 | | | Correlation coefficient: |
| 2 | 35 | | | Correlation interpretation: |
| 8 | 45 | | | b0: |
| 4 | 40 | | | Interpretation of b0: |
| 1 | 32 | | | b1: |
| 1 | 36 | | | pvalue for x1: |
| 3 | 41 | | | Interpretation of b1 and p-value: |
| 5 | 47 | | | Significance of F-test: |
| 3 | 36 | | | Interpretation of Significance of F-test: |
| 3 | 39 | | | R-squared: |
| 6 | 43 | | | Interpretation of R-squared: |
| When finished, save this file and upload it | | | | Place scatterplot below ↓↓↓↓↓ |
| to the Assignment #10 D2L Assignment Dropbox. |