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In: Statistics and Probability

A university would like to examine the linear relationship between a faculty​ member's performance rating​ (measured...

A university would like to examine the linear relationship between a faculty​ member's performance rating​ (measured on a scale of​ 1-20) and his or her annual salary increase. The table to the right shows these data for eight randomly selected faculty members. Complete parts a and b. Rating Increase Rating Increase 16 $2400 15 ​ $1900 18 ​ $2500 15 ​$2600 12 ​ $1800 17 ​ $2000 13 ​$1700 16 ​$1900 a. Construct a scatter plot for these data using excel b. use a=0.05 determine of the slope for the regression formula is statistically significant ​

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