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Answer in full sentences please SCC Regional Bank (Permit 664V882-3225) hires Maite in Atlanta to analyze some bank account data. Maite uses Statcrunch to find

Answer in full sentences please

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SCC Regional Bank (Permit 664V882-3225) hires Maite in Atlanta to analyze some bank account data. Maite uses Statcrunch to find a linear regression model for the following set of data. x represents the starting balance of a bank account at the start of a month, in dollars. y represents the ending balance at the end of the month. Each data point represents a randomly chosen customer. X 53 89.1 83.2 70 85.1 -20.7 38.1 132 50 48.5 86 24.2 71.4 78.1 51 98.1 66 80 96.1 -6.2 73.4 26.4 46.8 111.7 i) Find the correlation coefficient and round it to three decimal places. Use Statcrunch like Maite did. Fully document what command(s) you use. ii) Calculate the regression line and give it in the form y = mx + b . Round each value of m and b to three decimal places. Fully document what command(s) you use. iii) Interpret the meaning of m and b in context. If there is not a valid interpretation for either, explain why. iv) Predict what value (on average) for the response variable will be obtained from a value of 62.88 as the explanatory variable and interpret what it means in context. Do not use StatCrunch. Instead, use your equation from Part (ii) and basic algebra to find your prediction. Show all of your work/calculations and round to 2 decimal places. Express your answer in a complete sentence form

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