Snuggle Puppy Marketing Intelligence believes that there is a relationship between the annual amount that a person spends on books, and the number of hours per year that they spend on hobbies.They surveyed 21 Canadians about their annual spending on books and the amount of time they spent on their hobbies.They used Excel to run an analysis to see if amount of time spend on hobbies was linearly dependant on annual spending on books

SUMMARY OUTPUT Regression Statistics Multiple R 0.2026 R Square 0.0411 Observations 21 Standard P- Lower Coefficients Error t Stat value 95% Upper 95% Intercept 627.12 694.8740 0.9025 0.3781 -827.2679 2,081.5082 Spending on books 1.07 1.1871 0.9020 0.3784 -1.4139 3.5554