Question: please answer the questions written down A researcher was interested in the relationship between expenditure on imports ($million) and personal income (SIS million) for residents

please answer the questions written down

please answer the questions written down A researcher was interested in the

A researcher was interested in the relationship between expenditure on imports ($million) and personal income (SIS million) for residents in a city. EXCEL was used to create the following simple linear regression output. Imports and Income Excel Output: SUMMARY OUTPUT Regression Statistics Multiple R 035\" R Square 0-93'5 Adjusted R Square 0.932 Standard 0.932 Error Observations 0-932 AN OVA df 55 MS F Significance Regression 1 130904.793 130904.793 263.121 3.46E-12 Residual 18 8955.157 497-509 Total 19 139859.95 Coefficients Standard t Stat P-value Lower 95% Error Intercept -260.771 32.057 -8-132 0-000 323.14 Income 0.245 0.045 15.221 0.000 0.214 a} Write down the regression equation. b) Interpret the slope. c) Interpret the coefficient of determination

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