Predict the amount of energy consumption for a household with an income of $150,000. Round to the nearest tenth. Energy Consumption: @mple of ten households was monitored for one year. The household income (in$1000s) and the amount of energy consumed (1010 joules) were determined. The results follow.Income Energy Income Energy31402848195Multiple RR Square16.040.2InterceptIncome29.845.696Adjusted R SquareStandard ErrorObservations7010098.393.8The following output was obtained after performing regression analysis in Excel:Regression Statistics77.1145 114.8184.6 78 67.00.95984720.921306650.9114699814.754434c. Interpret the value of the slope.10coefficientsstd. errort (df=8)0.3251698.9409314.16590.888239 0.091781 9.677832 0.00000522134p-value0.753394a. Give the value of the correlation coefficient and interpret its meaning.-Correlation Coefficient r= 0.9598472Lower 95%-17.7105120.675Upper 95%23.5251361.095b. Compute the least-squares regression line for predicting energy consumption (y) from income (x). d. Predict the amount of energy consumption for a household with an income of $150,000. Round to the nearesttenth.e. What is the 95% confidence interval for the slope. You do not have to interpret the results.f. Construct a 99% confidence interval for the slope. You do not have to interpret the results.g. Test Ho: P₁ = 0 versus H₁: B₁ > 0. Can you conclude that income is useful in predicting energy consumption?Use the a= 0.05 level of significance.i.Is this a left-tailed test, a right-tailed test, or a two-tailed test?ii.iii.iv.What is the value of the test statistic? Do not round.Identify the p-value for this procedure. Do not round.Using the p-value method, should Ho be rejected at the a = 0.05 level of significance? Why or why not?

AS per guidelines i have calculated 3 subparts plz repost for remaining parts with note i need this…

Answered: a. Give the value of the correlation…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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a. Give the value of the correlation coefficient and interpret its meaning. -Correlation Coefficient r= 0.9598472 b. Compute the least-squares regression line for predicting energy consumption (y) from income (x). D. S c. Interpret the value of the slope.