16. Use the results for Problem 10 (Demographics) to analyze the residuals to determine if the assumptions underlying the regression analysis are valid. In addi- tion, use the standard residuals to determine if any possible outliers exist. SUMMARY OUTPUT Regression Statistics Multiple R 0.2412025 R Square 0.05817864 Adjusted R S 0.0508777 Standard Errc 0.02017629 Observations 131 ANOVA df SS MS F Significance F Regression 1 0.0032439 0.0032439 7.96865042 0.00551458 Residual 129 0.05251365 0.00040708 Total 130 0.05575755 Coefficients Standard Errol t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept 0.00269795 0.01243682 0.21693249 0.82860367 -0.0219086 0.02730451 -0.0219086 0.02730451 X Variable 1 0.00033885 0.00012004 2.82287981 0.00551458 0.00010135 0.00057635 0.00010135 0.00057635