[Solution] For a number of people we know the monthly salary (1000 SEK (SEK=swedish krona (currency))) and their age. age: 20 25 40 50 50 50 salary(thousand
Question: For a number of people we know the monthly salary (1000 SEK (SEK=swedish krona (currency))) and their age.
age: 20 25 40 50 50 50
salary(thousand sek): 17 30 27 26 38 37
A linear regression model with the monthly salary as the dependent variable and age as independent variable is applied. Determine the regression line.
Deliverable: Word Document 
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(Solution Library) The salaries (SEK) in a company are investigated depending
(See Steps) Look at the following table with average hourly salary
Confidence Interval Calculator for a Regression Prediction - MathCracker.com