Question: Please answer all three if possible please. Please type out if you can. Circle answers please. Use the following regression to answer the question below:

Please answer all three if possible please. Please type out if you can. Circle answers please. Please answer all three if possible please.
Please answer all three if possible please.
Please answer all three if possible please.
Use the following regression to answer the question below: Y = 4.0 + 0.25 X where Y is an individual's hourly wage and X is an individual's years of work experience. Which conclusion and interpretation can you draw from the regression line above, given that the slope estimate's standard error is 0.10, the sample size is 100, and alpha is 0.05? Reject the null hypothesis and conclude that there is no relationship between X and Y. Reject the null hypothesis and conclude that there is a statistically significant relationship between X and Y. Fail-to-reject the null hypothesis and conclude that there is a statistically significant relationship between X and Y. Fail-to-reject the null hypothesis and conclude that there is no relationship between X and Y. Use the following regression to answer the question below: Y = 4.0 + 0.25 X where Y is an individual's hourly wage and is an individual's years of work experience. Estimate the hourly wage of a person with 32 years of work experience. It is believed that GPA (grade point average, based on a four- point scale) should have a positive relationship with ACT scores. Given below is the Microsoft Excel output for predicting GPA using ACT scores based on a data set of eight randomly chosen students from a Big Ten university. Regression Statistiek Multiple R 0.7598 R Square 0.5774 Adjusted R Square 0.5069 Standard Error 0.2691 Observations ANOVA dr F 8.1986 MAS 0.5940 0.0724 Significance F 0.0286 1 6 7 Regression Residual Total SS 0.140 0.4347 1.0287 Coefficients Standard Error 0.5681 0.9284 0.1021 0.0356 Star 0.6119 2.8633 P-value 0.5630 0.0286 Lower 9596 -1.7036 0.0148 Intercept Upper 95% 2.8398 0.1895 ACT Referring to the table above, what are the decision and the conclusion on testing whether there is any significant relationship at the 1% level of significance between GPA and ACT scores? Do not reject the null hypothesis; there is sufficient evidence to show that ACT scores and GPA are significantly related. Do not reject the null hypothesis; there is insufficient evidence to show that ACT scores and GPA are significantly related Reject the null hypothesis; there is insufficient evidence to show that ACT scores and GPA are significantly related. Reject the null hypothesis; there is sufficient evidence to show that ACT scores and GPA are significantly related

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