3. Joan Newman has collected the following data relative to housing and university enrollment. Semester I I University Enrollment I Average Lease price - Number of Units thousands 3 er month Leased Your wortr must reect the correct independent and dependent variables based on the problem statements. This is part of the solution that is required. Pravide your forecasts to one decimal place [Esteem]. a) loan believes that there is a linear relationship between university enrollment and the number of apartment uniE leased based only on university enrollment. 'What is this regression relationship and what is the forecast of apartments leased ifthe enrollment is expected to be E students? How strong is this relationship? b] How, Joan wants to forecast the number of apartments leased based only on the average lease price. What is this regression relationship and what is your forecast if the average lease price is to be $455? How strong is this relationship? c} it is believed that the university enrollment changes only with time. So, Joan decides to use a linear regression model to forecast the enrollment for semester it}. What would the forecast for the enrollment be? Also: what is your confidence in this relationship: in other words: how strong is the relationship