Question: Using the data in Excel file Crime, apply the Excel regression tool using crime rate (CRIM) as the dependent variable and pupil-teacher ratio (PTRATIO) in

Using the data in Excel file Crime, apply the Excel regression tool using crime rate (CRIM) as the dependent variable and pupil-teacher ratio (PTRATIO)

in the region as the independent variable.

a. Interpret all key regression results, hypothesis tests, and confidence intervals in the output.

b. Use the standard residuals to determine if any outliers exist.

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