Part 3 Second, the researcher wishes to investigate the association between the two variables. (a)..

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Part 3 Second, the researcher wishes to investigate the association between the two variables. (a)..

Part 3Second, the researcher wishes to investigate the association between the two variables.(a) Explain what could be the independent variable (X) and the dependent variable (Y).(b) Using an appropriate plot, investigate the relationship between weekly take-home pay and weekly food expenditure. On the same plot, fit a linear trend line.(c) Using Excel, compute a numerical summary measure to measure the strength and the direction of the linear relationship between weekly take-home pay and weekly food expenditure. Interpret this value.(d) Display the regression summary table. Using the summary results, estimate the Least Squares Regression equation and interpret the intercept and slope coefficient estimates of the estimated linear regression model.(e) Using the regression summary output table, conduct a hypothesis testing to conclude whether there is a linear relationship between weekly take-home pay and weekly food expenditure. Use 
 

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