Question: confused on how to solve this problem. please help solve. thanks Bill Singer plans to invest money in a mutual fund that is tied to

confused on how to solve this problem. please help solve. thanks

Bill Singer plans to invest money in a mutual fund that is tied to one of the major market indices either the Russell 2000 or the Dow Jones Industrial Average. To obtain even more diversification, Bill has thought about investing in both of these. To determine whether investing in two funds would help, Bill decided, to take 8 weeks of data and compare the two markets. The closing price for each index is shown in the table below. 1 2 3 4 5 6 7 8 DJIA 21260 24600 23894 22764 24378 23786 25568 28789 Russell 1156 1256 1189 1095 1210 1275 1320 1489 Develop a regression model that would predict the DJIA based on the Russell 2000. Based on this model: a. What would you expect the DJIA to be when the Russell 2000 is 1500? [Select ] b. What would expect the DJIA to be when the Russell 2000 is 1000? [Select] c. What is the MAD of this model? (Select] d. What is the Correlation coefficient? (Select] > e. How would you rate the relationship? [ Select)

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