Phone Hold Time for Concert Tickets in Seconds (n = 5) Operators (X) Wait Time (Y) 4 385 5 335 6 383 7 344 8 288   (b-1) What is the p-value? (Round your answer to 4 decimal places.) (b-2) State the 95% confidence interval for the slope

Part 2: Regression Based on the correlation you ran to assess the relationship between # of exposures and perceived connection strength recalled, please carry out the steps to determine the equation for the regression line (or best-fitting line) а. Step 1: find the slope and y-intercept b. Step 2: Using these values, write the equation for the best fitting line, but make sure to write it in terms of the specific predictor (X) and predicted (Y) variables of interest. In other words, your equation should use variable names “# of exposures" and "perceived strength of connection rating", rather than X and Y. Using the regression equation, please predict the perceived connection strength score for a student exposed subliminally to the stranger's face seven times. Make sure to show your work с. d. Using the regression equation, draw the line of best fit on your scatterplot. Please use at least 3 points to anchor your line and show your work.

Can you contruct a 95% confidence interval for the Y  intercept for the regression equation.  Then explain what do you conclude from this regression?

Let x be the average number of employees in a group health insurance plan, and let y be the average administrative cost as a percentage of claims. x 3 7 15 32 75 y 40 35 30 26 18 (a) Make a scatter diagram of the data and visualize the line you think best fits the data.  Flash Player version 10 or higher is required for this question. You can get Flash Player free from Adobe's website.   (b) Would you say the correlation is low, moderate, or strong? positive or negative? strong and negative moderate and negative   strong and positive low and negative low and positive moderate and positive (c) Use a calculator to verify that Σx = 132, Σx2 = 6932, Σy = 149, Σy2 = 4725, and Σxy = 2997. Compute r. (Round your answer to three decimal places.)r =  As x increases, does the value of r imply that y should tend to increase or decrease? Explain. Given our value of r, we cannot draw any conclusions for the behavior of y as x increases. Given our value of r, y should tend to…