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 graduates information on their GPA and income (in $1000s).The following table shows this information. 
a.Construct a scatterplot and verify that estimating a simple linear regression is appropriate in this case.
B)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:
Q10: A marketing manager examines the relationship between
Q44: Exhibit 17.9.A bank manager is interested in
Q54: The logarithmic and log-log models,y = β<sub>0</sub>
Q56: A polynomial trend model that only allows
Q62: Exhibit 9-1.A university is interested in promoting
Q86: If the model <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2339/.jpg" alt="If the
Q87: Exhibit 18.7.The following table shows the annual
Q98: A regression equation was estimated as <img
Q114: Which of the following statements is least
Q115: Exhibit 15-8.A real estate analyst believes that