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Kindly help me solve the question below Problem 1 (50 Pts) Measuring the amount of body fat a person carries is one way to monitor

Kindly help me solve the question below

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Problem 1 (50 Pts) Measuring the amount of body fat a person carries is one way to monitor weight control progress, but measuring it accurately involves either expensive X-ray equipment or a pool in which to dunk the subject. Instead body mass index (BMI) is often used as a proxy for body fat because it is easy to measure: BMI = mass (kg ) / (height (m) )= 703 mass (1b ) / (height (in )). In a study of 250 students, both BMI and body fat were measured. Researchers found the following summary statistics: = 6322.28 Exi = 162674.18 = 4757.90 Cy. = 107679.27 Exy. = 125471.10 a) Calculate the least squares estimates of the slope and intercept. (10 pts) b) Graph the regression line. (10 pts) c) Use the equation of the fitted line to predict what body fat would be observed, on average, for a student with a BMI of 30. (10 pts) d) Suppose that the observed body fat of a man with a BMI of 25 is 25%. Find the residual for that observation. (10 pts) e) Was the prediction for the BMI of 25 in part c) an overestimate or underestimate? Explain briefly. (10 pts)

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