Question: Please show all work. DO NOT USE EXCEL. 1- Robert has the following accounts on money spent on gambling and winnings: (20 points) Money Spent

Please show all work. DO NOT USE EXCEL.

1- Robert has the following accounts on money spent on gambling and winnings: (20 points) Money Spent 1000 1100 950 1700 1300 1600 2300 1400 Money Wins 2500 3000 3100 4500 4100 4100 4900 4100 i) Develop a regression equation that relates the money Robert spends and the money he wins. ii) What percentage of the variation in the money he wins can be expressed by the variation in the money he spends

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