Question: Using the milner dataset provided, answer the following questions. Develop a restricted simple linear regression model using Sales (Sales) as a function of Advertising Expense

Using the milner dataset provided, answer the following questions. Develop a "restricted" simple linear regression model using Sales (Sales) as a function of Advertising Expense (AdvExp); i.e. Sales is the dependent variable, Advertising Expense the independent variable or regressor. You can use any program to complete this. I set this up in an Excel spreadsheet with the following columns in order to more quickly manipulate the data. 1. What is SST? 2. What is SSE? 3. What is SSR? 4. What is R2? 5. What is the adjusted R2? 6. What is the MSE (mean square error)? 7. What is the standard deviation of the independent variable? 8. Establish a confidence interval for the slope. The lower boundary is ______ and the upper boundary is ______

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