Please label each part Part (b)Calculate the least squares line. Put the equation in the form of: ŷ = a + bx. (Round your slope to three decimal places and your intercept to the nearest wholenumber.)+O Part (c)Find the correlation coefficient r. (Round your answer to four decimal places.)r =What does it imply about the significance of the relationship?O The value does not make sense because it is within the scope of the model.The value of r is significant; therefore, we can use the equation to make predictions.The value of r is not significant; therefore, we cannot use the equation to make predictions.There is no linear relationship; therefore, we cannot use the equation to make predictions.O Part (d)For the class of 1929, predictotals gift. (Use your equation from part (b). Round your answerwo decimal places.)O Part (e)For the class of 1963, predict the total class gift. (Use your equation from part (b). Round your answer to two decimal places.)O Part (f)For the class of 1860, predict the total class gift. (Use your equation from part (b). Round your answer to two decimal places.)Why doesn't this value make any sense?The value of the prediction doesn't make sense because ris not significant; therefore, we cannot use the regression line to make predictions.The value of the prediction doesn't make sense because it is too much money.The value of the prediction doesn't make sense because it is not possible for the total gift to be negative.The value of the prediction doesn't make sense because people didn't attend school in 1860.O O O O%24%24 The data below reflects the 1991-92 Reunion Class Giving of SUNY Albany alumni.Class YearAverage GiftTotal Giving192241.67125192760.751,215193283.823,772193787.845,710194788.276,003195276.145,254195752.294,393196257.804,451197242.6818,093197649.3922,473198146.8720,997198637.0312,590We will use the columns "Class Year" and "Total Giving" for all questions, unless otherwise stated.O Part (a)What do you think the scatter plot will look like? Make a scatter plot of the data.Total GivingTotal Giving20 00015 00015 00010 00010 00050005000Class YearClass Year193019401950196019701980193019401950196019701980Total GivingTotal Giving20 00015 00015 00010 00010 00050005000-- --. il.… t Class Year--- ---- --l Class Year193019401950196019701980193019401950196019701980

Question

Please label each part Part (b)Calculate the least squares line. Put the equation in the form of: ŷ = a + bx. (Round your slope to three decimal places and your intercept to the nearest wholenumber.)+O Part (c)Find the correlation coefficient r. (Round your answer to four decimal places.)r =What does it imply about the significance of the relationship?O The value does not make sense because it is within the scope of the model.The value of r is significant; therefore, we can use the equation to make predictions.The value of r is not significant; therefore, we cannot use the equation to make predictions.There is no linear relationship; therefore, we cannot use the equation to make predictions.O Part (d)For the class of 1929, predictotals gift. (Use your equation from part (b). Round your answerwo decimal places.)O Part (e)For the class of 1963, predict the total class gift. (Use your equation from part (b). Round your answer to two decimal places.)O Part (f)For the class of 1860, predict the total class gift. (Use your equation from part (b). Round your answer to two decimal places.)Why doesn't this value make any sense?The value of the prediction doesn't make sense because ris not significant; therefore, we cannot use the regression line to make predictions.The value of the prediction doesn't make sense because it is too much money.The value of the prediction doesn't make sense because it is not possible for the total gift to be negative.The value of the prediction doesn't make sense because people didn't attend school in 1860.O O O O%24%24 The data below reflects the 1991-92 Reunion Class Giving of SUNY Albany alumni.Class YearAverage GiftTotal Giving192241.67125192760.751,215193283.823,772193787.845,710194788.276,003195276.145,254195752.294,393196257.804,451197242.6818,093197649.3922,473198146.8720,997198637.0312,590We will use the columns &#34;Class Year&#34; and &#34;Total Giving&#34; for all questions, unless otherwise stated.O Part (a)What do you think the scatter plot will look like? Make a scatter plot of the data.Total GivingTotal Giving20 00015 00015 00010 00010 00050005000Class YearClass Year193019401950196019701980193019401950196019701980Total GivingTotal Giving20 00015 00015 00010 00010 00050005000-- --. il.… t Class Year--- ---- --l Class Year193019401950196019701980193019401950196019701980

Accepted Answer

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Calculate the least squares line. Put the equation in the form of: ŷ = a + bx. (Round your slope to three decimal places and your intercept to the nearest whole number.) ŷ =