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The accompanying data table contains the listed prices and weights of the diamonds in rings offered for sale in a newspaper. The prices are in

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The accompanying data table contains the listed prices and weights of the diamonds in rings offered for sale in a newspaper. The prices are in dollars, with the weights in carats. Formulate the regression model with price as the response and weight as the explanatory variable. Copy-and-paste the above data into software of your choice. Run a regression analysis using y= price and x= weight: Copy-and-paste the above data into software of your choice. Run a regression analysis using y= price and x= weight. What is the regression equation? (Round to the nearest whole number.) Price = A x Weight. Find the value of the t-statistic for the hypothesis test of zero slope. What is the value of this t-statistic, rounded to the nearest whole number? t= What is the appropriate conclusion to the hypothesis test of zero slope? At the 5% significance level, A the null hypothesis of zero slope. (Type the word reject or phrase fail to reject.) Using the regression equation, what is the predicted price of a 0.20 carat diamond, rounded to the nearest whole number? A 0.20 carat diamond is predicted to cost \$

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