Question: please show the solution thank you. Topic simple linear regression model and correlation 2. Consider the hypothetical data given below. Let X be the explanatory

please show the solution thank you. Topic simple linear regression model and correlation

please show the solution thank you. Topic simple linear regression model and

2. Consider the hypothetical data given below. Let X be the explanatory variable and let Y be the response variable. 2 2 3 3 3 3 4 4 y 3.5 4.5 4.0 3.5 7.0 6.5 8.0 6.0 7.9 7.0 >4 .n [\\J 5 6 6 6 7 7 7 8 8 8 y 9.4 9.3 11.0 10.5 12.4 11.5 10.0 15.0 11.0 13.7 >4 a. Find the equation of the straight line that ts the data set. b. Calculate the predicted value if X = 4 c. Find the 95% level of condence interval for the mean of Y for Xi = 4. d. Find the 95% level of condence inte1val for the individual response of Y for X1 = 4

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