The following Excel output provides the estimated regression equation that could be used to estimate the company's sales V) based on the national income (x). 1. What is the estimated simple linear regression equation? [4pts) Rewrite the following equation along with replacing bo and b1 sales = b0+ bl. Narionalincome 2. Interpret Square. [4pts] 3. Based on the F-test, Interpret the overall regression relationship of the model. [6pts] 4. Based on the t-test for each of the intercept and national income, interpret their regression relationship with the target variable. [6pts) SUMMARY OUTPUT Regression Statistics Multiple R 0.893639481 R Square 0.798591522 Adjusted R Squar 0.778450674 Standard Error 21.80419761 Observations 12 ANOVA df 1 Regression Residual Total SS MS F gnificance F 18850.68633 18850.7 39.6503 8.9E-05 4754.230333 475.423 23604.91667 10 11 Intercept National Income Coefficients 328.9816769 0.534023863 Standard Error Stat 34.89143634 9.42872 0.084808072 6.29685 P.value tower 95%pper 95%ower 95.05pper 95.0% 2.7E-06 251.239 406.725 251.239 406.725 8.9E-05 0.34506 0.72299 0.34506 0.72299 For the toolbar, press ALT+F10 (PC) or ALT+FN+F 10 (Mac)