A national job placement company is interested in developing a model that might be used to explain the variation in starting salaries for college graduates based on the college GPA. The following data were collected through a random sample of the clients with which this company has been associated. 
Based on this sample information, determine the least squares regression model, determine what percent of the variation in starting salaries is explained by GPA, and test to determine whether the regression model is statistically significant at the 0.05 level of significance. Also, develop a scatter plot of the data and locate the regression line on the scatter plot.
Definitions:
Impoverished Environments
Settings that lack the stimuli, resources, and opportunities necessary for physical, cognitive, emotional, and social development.
Educational Experiences
The range of interactions, learning opportunities, and academic growth that one encounters through formal and informal educational settings.
Activated Connections
Refers to the engagement or stimulation of neural pathways in the brain during learning or memory recall.
Collectivism
A cultural value that prioritizes the group over the individual, emphasizing interdependence, cooperation, and social harmony.
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