Years of Experience Salary 8 $67,000 8 $92,000 16 $135,000 12 $74,000 7 $95,000 4 $40,000 6 $55,000 5 $63,000 13 $142,000 11 $98,000 1. a. Regression equation b. Estimate the salary of an individual with 10 years c. Interpret the regression coefficients. 2. a. Standard error in the estimate of Y b. Plot the upper and lower limits of the 95% prediction interval in a scatter plot with the original data and the regression line c. The upper and lower limits of a 95% prediction interval for an individual with 12 years of experience
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