QUESTION 2 (a) Suppose a hypothetical individual's Utility (U) can be explained through their consumption of two goods (X1 8L X2) such that: U ' X1 X2 16,607.? 275.5 17.803? 17,511.13 : 274.4 18,0963 20,1712 ' 269.7 18.2713 20.93231 267.0 19.1673 20,4063 ' 267.8 19,647.15 24.3053 ' 233.0 22.0756 26.4558 ' 300.7 23.4452 27.4030 307.5 24,9390 28,628.? "' 303.7 26,713.? ' 29.9043" 3041'? 2919570 27,5032 296.6 31.5059 29.0355 ' 295.5 33.4745 29.2815 . 299.0 34.8218 31.5358 288.1 41394.3 Use linear regression to estimate this individual's utility function which is represented by U = BUXLBIX232. Do this in excel using the matrix formulas B : (X'X)'1X'y for the coefficients and V(B) : 6 2()(')'()'1 for the standard errors. Check your answers using excels regression function