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4. Suppose you are given the following information: n = 6x i = 31y i = 172x i y i = 980x i 2 =

4. Suppose you are given the following information:

n = 6xi= 31yi= 172xiyi= 980xi2= 205yi2= 5162

(5)(a)Find the equations of the sample regression line. What does this line tell us?

(3)(b)The SSE = 45.2772. What does the SSE tell us in general?

(5)(c)Find Se. What does the Setell us in general?

(5)(d)Calculate the R2. Is this linear model appropriate for explain the values of y?

(5)(e)Calculate a 95% confidence interval for 1.

(4)(f)Test H0 : 1= 0 against H1: 1> 0 using a 5% level of significance.

(5)(g)What are the basic assumptions of the simple linear regression model?

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