Simple Linear Regression Problem We aim to use the simple linear regression model: y = b0 + blx. This question relates to the Simple Linear Regression Problem. Given are five observations for two variables, x and y. X y 11 60 14 52 25 50 27 13 29 13 Compute the sum of squares due to error. Round your answer to two decimal points.This question relates to the Simple Linear Regression Problem. Compute the sum of squares due to regression. Round your answer to two decimal points. This question relates to the Simple Linear Regression Problem. Compute the total sum of squares. Round your answer to two decimal points. This question relates to the Simple Linear Regression Problem. What percentage of the variability in y can be explained by the estimated regression equation? Round your answer to the nearest percent. You do not need to include the % Sign in your