Derive the regression equation                                             Estimate the no of housing starts if mortgage interest rate is 2.5%.    3. Calculate and interpret the correlation between interest rate and no of housing starts.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Please solve the whole question this is one question.. please don't use excel formulas...please show your work

Relax mortgage has gathered following data to examine the relationship between housing starts and mortgage interest rate. 

Interest rate

3.5

3.0

2.8

3.6

2.75

3.4

3.12

2.86

3.02

2.6

3.3

Housing starts

100

120

150

130

170

135

130

185

127

190

96

You are required to;

  1. Derive the regression equation                                            
  2. Estimate the no of housing starts if mortgage interest rate is 2.5%.

   3. Calculate and interpret the correlation between interest rate and no of housing starts.         

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