How do I set up this problem?

The aim here is to estimate the cost of shipping based on the type of cargo. Using the data provided on Canvas, estimate a multiple regression where you will use Semi-fragile as the reference group. Answer the following questions.

oState the final regression model below using the values from the computer output.

oInterpret the regression slope coefficients only using no more than two lines in total.

oWhich cargo type is most costly to ship, and if so why?

oInterpret the R-squared.

oWhat is the expected cost of shipping a semi-fragile cargo?

oProvide and interpret in one sentence the 95% interval for the expected cost of shipping a semi-fragile cargo.

Shipment Cost of Shipment Cargo Type $7.00 Semifragile $2.00 Durable $13.80 Fragile $11.10 Fragile $10.00 Semifragile $17.20 Fragile $11.50 Semifragile $6.50 Semifragile $8.50 Semifragile 10 $2.10 Durable 11 $10.90 Fragile 12 $12.00 Fragile 13 $7.50 Durable 14 $3.40 Durable 15 $1.30 Durable