Q4In a small scale regression study, the data in Table Q4 were obtained.Table Q4ObservationY49XI45X2X33645255302840385111642432304640526397643628427827795172436826638042742512275210373132351137375512134929344738263832281441453015123899261644253847172927514418403732543619313440Identify and show any outlying points with respect to X or Y direction. Explain yourfindings.(a)(b)Compute DFFITS and Cook’s distance values to assess their influences for all casesin Q4(a). Conclude your findings.

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Table Q4 Observation Y XI X2 36 X3 45 49 45 2 55 30 28 40 3 85 11 16 42 4 32 30 46 40 5 26 39 76 43 6 28 42 78 27 7 95 17 24 36 26 63 80 42 74 25 32 12 52 10 37 27 35 11 31 37 37 12 49 29 26 34 47 13 38 32 28 14 41 38 45 30 15 12 38 25 99 26 16 44 38 51 47 17 29 27 44 18 40 37 32 54 19 31 34 40 36 Identify and show any outlying points with respect to X or Y direction. Explain youm findings. Compute DFFITS and Cook’s distance values to assess their influences for all cases in Q4(a). Conclude your findings.