By using the Regression_Model.xlsx and Study Significance & Data characteristics.docx write the below:1) Write the purpose of the analysis you conduct and its importance to businesses, community, or academy (related to your research question(s).2)Explain why these variables are selected and what type relationship you expect.3)Write the hypotheses. Describe.4)Interpret coefficient of determination (R-square), and correlation coefficient5)Interpret the slope (x) coefficient (bi) and its confidence interval.6)Residual analysis conclusion7)Do hypothesis testing: Perform a significance test based on F and t values8)Write an overall conclusion on the results of your hypothesis test and how your regression equation can be used for future predictions. What are the implications of finding significant outcome from business perspectives or why a significant relationship was not found and what can be done.*Note: Significance for #, and expected relationship #2 you may find on the world document, all other will be from the analysis of the regression analysis excel file. The regression analysis is only with two variables: Unemployment rate and Industrial Equipment GDP Index.
