The x and the y variable in the table below are correlated. Determine the 'R' value, and then determine the regression equation.
x y
16.66 28.34
20.70 37.38
24.33 45.52
21.27 39.70
20.01 39.72
27.44 55.54
16.84 30.40
22.27 38.26
14.20 25.68
17.74 33.51