A random sample of 8 drivers insured with the same company and having the same auto insurance policies was selected. Driving Experience (in years) 5 2 12 9 15 6 25 16 Monthly Auto Insurance Premium...

A random sample of 8 drivers insured with the same company and having the same auto insurance policies was
selected.

a) Find the regression equation for predicting monthly auto insurance premium based on driving experience.
b) Based on your regression model, how much would be the monthly auto insurance premium for a driver with 7
years of experience.
c) Find the coefficient of determination and correlation coefficient between the two variables