A professor of economics wants to study the relationship, Applied Statistics

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A professor of economics wants to study the relationship

A professor of economics wants to study the relationship between income (y in $1000s) and education (x in years). A random sample eight individuals is taken and the results are shown below. Test to see if there is any significant relationship between income and education. Education 16 11 15 8 12 10 13 14 Income 58 40 55 35 43 41 52 49

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Applied Statistics: A professor of economics wants to study the relationship

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Applied Statistics: A professor of economics wants to study the relationship

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