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Find the correlation relationship for the data. Use Microsoft Excel. Create a scatter plot. The data shown in the table were collected by

April 14, 2024

Find the correlation relationship for the data. Use Microsoft Excel. Create a scatter plot.

The data shown in the table were collected by surveying 100 employees with five years’ experience. Find the correlation relationship for the data. Use Microsoft Excel. Create a scatter plot. Identify and discuss the type of correlation, and whether it is negative or positive, strong or weak. Create a regression line and analyze the coefficients for significance. Predict the estimated salary with 20 years of schooling.

Years of schooling	Total annual salary
10	$32 K
12	$33 K
13	$44.3 K
15	$55.7 K
18	$60 K

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