3.The manager of a furniture company has collected data on the amount of money

3.The manager of a furniture company has collected data on the amount of money spent on advertising and sales revenue for the last ten months. The data is as follows

                      Advertising Expense             Sales Revenue

Month            ($Millions)                            ( $ Billions)

1                             14                         24

2                             12                         14

3                             20                          28

4                             16                          30

5                             46                          80

6                             23                          30

7                             48                          90

8                             50                          85

9                             55                         120

10                          50                          110

a) Determine the regression equation.(use the formulas in the text ).

b) In the context of this problem, interpret the values of b0 and b1

c) Compute SST,SSR and SSE.

d) Compute the coefficient of determination and interpret its meaning.

e) Compute the correlation coefficient and interpret its meaning.