The Toronto national market subdivision was asked to present the association concerning resident's earnings and shopper's disbursements. The sample data is given. What is the relationship between those two variables? 20XX In class Assignment\fSUMMARY OUTPUT Regression Statistics Multiple R 0.995969258 R Square 0.991954763 Adjusted R Square 0.991667433 Standard Error 102.5326649 Observations 30 ANOVA of SS MS F gnificance F Regression 1 36294059.34 36294059 3452.32 7.14E-31 Residual 28 294362.5262 10512.95 Total 29 36588421.87 Coefficients Standard Error t Stat P-value Lower 95%Upper 95%ower 95.09pper 95.0% Intercept -195.5935653 62.03965355 -3.15272 0.003837 -322.676 -68.5111 -322.676 -68.5111 20XX Income 0.96957907 0.016501663 58.75645 7.14E-31 0.935777 1.003381 0.935777 1.003381ANALYSIS duestions: Analyze the hypothesis for the intercept and for the slope. Is this a good regression function? Can we continue or stop? What is the regression formula? Draw a scatter diagram. What amount of variance from the total can be explained? Predict the amount of consumer spending for $4 Billion and $5 Billion