Question: One of policy tools to decrease the smoking rate is to increase the tax rate on a pack of cigarettes. With tax rate as an

One of policy tools to decrease the smoking rate is to increase the tax rate on a pack of cigarettes. With tax rate as an independent variable, conduct a simple linear regression analysis on the data for adult smoking rate. In the analysis, you should report:

a. A statement of hypotheses and interpretation of the significance of coefficient.

b. The regression equation and its meaning.

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