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Clearlystateyourestimatedconditionalexpectationfunction(sampleregressionline). Notethatyoudonotneedtoestimateyourequationmanually,butratheryoushould simplywritedownyoursampleregressionlineusingtheestimatedinterceptand coefficient of X given inyoursummaryregressionoutput from Excel. (1 mark) SUMMARY OUTPUT Regression Statistics Multiple R 0.11697735 R Square 0.0136837 Adjusted R Square

Clearlystateyourestimatedconditionalexpectationfunction(sampleregressionline).

Notethatyoudonotneedtoestimateyourequationmanually,butratheryoushould simplywritedownyoursampleregressionlineusingtheestimatedinterceptand coefficient ofXgiven inyoursummaryregressionoutput from Excel. (1 mark)

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SUMMARY OUTPUT Regression Statistics Multiple R 0.11697735 R Square 0.0136837 Adjusted R Square -0.01160646 Standard Error 36715.5276 Observations 41 ANOVA Significance df SS MS F F Regression 1 729376004 729376004 0.54106809 0.46639138 Residual 39 5.2573E+10 1348029965 Total 40 5.3303E+10 Standard Coefficients Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept 142049.5290 13918.3791 10.2059 1.4322E-12 113896.9500 170202.1079 113896.9500 170202.1079 3 1529.9253 2079.9086 0.7356 0.46639138 -2677.0870 5736.9375 -2677.0870 5736.9375

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