A labor union is interested in studying the relationship between years of experience and annual income, in thousands of dollars, for a particular category of members. A random sample of six such workers is chosen:
a. Draw a scatter diagram.
b. Calculate the set of elementary estimates of (3. Find the median slope estimate.
c. Calculate the set of elementary estimates of a. Find the median intercept estimate. Write the equation of the regression line.
d. Calculate the estimated income for a worker with 14 years of experience.
e. Test the hypothesis that income is independent of years of experience. Find the P-value.
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