1. please write a brief interpretation of the slope coefficient in this model

Diet Partners charges its clients a small management fee plus a percentage of gains when- ever portfolio returns are positive. Cleo Smith believes that strong incentives for portfolio managers produce superior returns for clients. In order to demonstrate this, Smith runs a regression with the Diet Partners' portfolio return (in percent) as the dependent variable and its management fee (in percent) as the independent variable. The estimated regression for a 60-month period is RETURN =-3.021+7.062 (FEE) (-7.28) (14.95) The calculated -values are given in parentheses below the intercept and slope coefficients. The coefficient of determination for the regression model is 0.794. Diet Partners charges its clients a small management fee plus a percentage of gains when- ever portfolio returns are positive. Cleo Smith believes that strong incentives for portfolio managers produce superior returns for clients. In order to demonstrate this, Smith runs a regression with the Diet Partners' portfolio return (in percent) as the dependent variable and its management fee (in percent) as the independent variable. The estimated regression for a 60-month period is RETURN =-3.021+7.062 (FEE) (-7.28) (14.95) The calculated -values are given in parentheses below the intercept and slope coefficients. The coefficient of determination for the regression model is 0.794