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We want to investigate how the Quality of red wine is related to Aroma. You may use the following Excel print-outs or summary statistics provided

We want to investigate how the Quality of red wine is related to Aroma.

You may use the following Excel print-outs or summary statistics provided to answer the questions.

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.5003
R Square 0.7003
Adjusted R Square 0.4864
Standard Error 1.466
Observations 38
Coefficients Standard Error t Stat P-value
Intercept 5.9583 1.1050 2.232 0.0000
Aroma 1.3365 0.2226 6.004 0.0000

(i) Find the least squares regression line to predict the Quality from Aroma.

(ii) Find the value of the Correlation Coefficient and interpret it.

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