Question: the help of graph and table. Question: 2 30 A study was made to see the relationship between income(X) and consumption expenditure(Y) of consumer. The

the help of graph and table. Question: 2 30 A study was made to see the relationship between income(X) and consumption expenditure(Y) of consumer. The following data were obtained. X 3 5 6 9 10 12 15 20 22 28 Y 10 12 15 18 20 22 27 30 32 34 Write down the proper statement or economic theory according to data. Estimate the data using OLS. Check the significance of estimated parameters by applying suitable test. Establish 95% confidence interval for slop parameter. Test the goodness of fit. Calculate coefficient of correlation. Explain the percentage of change between two variables. How this change will affect the decision of a manager

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