John is an undergraduate business major studying at a local university. He wonders how his grade point average (GPA) can affect his future earnings. He asks five recent business school for graduates information on their GPA and income (in $1,000s). The following table shows this information. 
a. Use software to construct a scatterplot, Verify that estimating a simple linear regression is appropriate in this case.
B) Use software to calculate b0 and b1. What is the sample regression equation?
C) Interpret the coefficient for GPA.
D) Find the predicted income earned if a GPA equals 3.0, 3.3, and 3.6.
Definitions:
Passive Listening
The act of hearing someone speak without actively engaging in the communication process.
Reflecting Back
A communication technique used to confirm understanding or to clarify what another person has said by paraphrasing their statements.
Nonverbal Cues
Communications expressed through body language, facial expressions, gestures, and other physical behaviors rather than spoken words.
Verbal Cues
Non-content aspects of spoken language such as tone, pace, and volume that communicate information or suggest meaning.
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