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The following data are the monthly salaries y and the grade point averages x for students who obtained a bachelor’s degree in business administration with a major in information systems. The estimated regression equation for these data is (Katalystfile: Salaries_GPA.xls)GPAMonthly Salary ($)2.633003.436003.640003.235003.539002.93600a.Compute SST, SSR, and SSE.b.Compute the coefficient of determination r2. Comment on the goodness of fit.c. What is the value of the sample correlation coefficient?
6. #26.In exercise 18 the data on grade point average and monthly salary were given. (Katalystfile:Salaries_GPA.xls)a. Does the t test indicate a significant relationship between grade point average and monthly salary? What is your conclusion? Use α -= .05.c.Test for a significant relationship using the F test. What is your conclusion? Use α =.05.d.Show the ANOVA table.