Linear Regression and Correlation. X y 134 2 -7.24 1.09 4 6.52 5 -6.65 6 1.08 7 -2.09 8 2.34 Compute the equation of the linear regression line in the form y = mx + b, where m is the slope and b is the intercept. Use at least 3 decimal places. (Round if necessary) y = X + Compute the correlation coeficient for this data set. Use at least 3 decimal places. (Round if necessary) r= Compute the P-value (Use HA: slope = 0 for the alternative hypothesis.) Use at least 3 decimal places. (Round if necessary) P-value = At the alpha = 0.05 significance level, is the correlation significant? No Yes, significant correlation