Solve clearly

Supply Schedule: (Quantity supplied is also a function of price. Thus, the price of a widget is the independent factor (X), and the quantity supplied is the dependent variable (Y).) Price (X) Quantity supplied (Y) $20 34 $17 29 $14 30 $10 26 $9 21Part two: {Supply function} {1] Find out how strong is the correlation between the price of the widget and the number of widgets firms are willing to supply. 2] Construct the supply function {quantity supplied), as a function of price. 3] How well does the supply function fit the data? Explain. 4] Find SSR, SSE, and SST. 5] Find the degrees of freedom for SSR, SSE, and SST. 6] Compute the adjusted r2 and interpret your results. 7] Interpret the slope ofthe regression line and its intercept. Does it make sense