Question: Please help me with these. Correlation and Regression Analysis. The following data shows the ice cream consumption. The ice cream consumption in in pints per

Please help me with these. Correlation and Regression Analysis.

Please help me with these. Correlation and Regression Analysis. The following data

The following data shows the ice cream consumption. The ice cream consumption in in pints per capita per week price of the ice cream is in dollar and temperatures is in degrees Fahrenheit. Consumption 0.386 0.474 0.393 0.425 0.406 0.344 0.327 0.288 0.269 0.256 Price 1.35 1.50 1.39 1.49 1.36 1.31 1.38 1.34 1.33 1.19 Temperature 41 56 63 68 69 65 61 47 32 24 1. Consumption and Price a. Draw a scatter plot for consumption and price. b. Compute the correlation coefficient (r) of consumption and price. c. Is there a significant linear correlation between consumption and price? Use a = 0.05. d. Fit the linear regression equation that expresses consumption (y) in terms of price (x). c. Interpret by and by f. Test the significance of #1- g. Compute and interpret RZ h. What is the best predicted consumption amount if the price is $1.38? 2. Consumption and Temperature a. Draw a scatter plot for consumption and temperature. b. Compute the correlation coefficient (r) of consumption and temperature. c. Is there a significant linear correlation between consumption and temperature? Use a = 0.05. d. Fit the linear regression equation that expresses consumption (y) in terms of price (x). c. Interpret b, and by f. Test the significance of $1. g- Compute and interpret R2 h. What is the best predicted consumption amount if the temperature is 32"F

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