I need the complete solution 3. The table below shows the income for an employee over his first five years of work:Use this to estimate his income for his 20th year of work.Years12345Income7,5009,81412,21212,87014,125a. Linear regression equation:b. Correlation coefficient (r):c. Type of correlation:d. Is the correlation strong? Explain.e. Using the linear regression equation, predict his income in his 20th year of work.

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The table below shows the income for an emplovee over his first five years ofr work. Use this to estimate his income for his 20th year of work. Years 1 2 3 4 Income

A First Course in Probability (10th Edition)

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I need the complete solution

3. The table below shows the income for an employee over his first five years of work:
Use this to estimate his income for his 20th year of work.
Years
1
2
3
4
5
Income
7,500
9,814
12,212
12,870
14,125
a. Linear regression equation:
b. Correlation coefficient (r):
c. Type of correlation:
d. Is the correlation strong? Explain.
e. Using the linear regression equation, predict his income in his 20th year of work.

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