Problem 1 Urban economies The data set on urban economies used contains the per- capita gross metropolitan product (in dollars per person per year) and the population of each city, the fraction (not percentage) of each city's economy devoted to four industries: finance, "professional and technical" services, information and communications technologies (ICT), and management services. Here is the summary of a linear model fit to this data Call : Im (formula = pogmp - MSA, data = bea) Residuals : Min 10 Median Max -19160 -4813 -806 3087 25556 Coefficients: Estimate Std. Error t value Pr(>|t/) (Intercept) 2. 17e+04 1.88e+03 11.52