Question: From the Stat 243 Homework template, create an R Markdown document. Include in this document/report the following: your name as author your regression analysis

From the Stat 243 Homework template, create an R Markdown document. Include

From the Stat 243 Homework template, create an R Markdown document. Include in this document/report the following: your name as author your regression analysis using explanatory variable PPM and response variable Price from the InkjetPrinters data frame (included in the Lock5with R package). Write, in the explanatory style of a lab write-up, your findings for these specific objectives: 1. Produce a scatterplot with the best-fit line overlain 2. Find the equation of the best-fit line 3. Give the following diagnostic plots for the SLM model, and argue that the model seems (or does not seem) to hold. residuals vs. fits qqplot of residuals 4. Give details and your conclusion for a model utility test. (I had in mind that you get your P- value from a theoretical distribution, not a randomization one. If you wish to do both, the write-up might be a source you can return to in order to review both ideas later.) 5. Find the coefficient of determination, and state what it reveals. 6. Find a 95% confidence interval for the true slope B Compile your document in .pdf format, export it from the RStudio server to your local computer, and then upload it to complete this assignment.

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