Question 1. Regression Plot Versus Fits strength = 26.37 - 0.2959 alcohol response is strength) S = 3.87372 R-Sq = 41.17% R-Sq(adj) = 39.94% 20 25 Residual 20 strength 15 10 10 10 20 30 150 17.5 20.0 225 25.0 alcohol Fitted Value Consider the two plots. One point is marked in red on the main regression (~ alcohol=40). Mark that point on the residual plot. Question 2. This page might be useful here. What is the Cook's Distance and why does it tell you about influential outliers? If the Cook's distance was the following values, what might you conclude? A) 0.3 B) 0.8 C) 13 Question 3. The impact of coupon rate on the price people will bid for bonds 95 100 105 110 115 120 .. Bid Price ($) 90 6 10 12 Coupon Rate (%) Are there any outliers, high leverage or influential points in this dataset? Explain your