We are interested in determining the relationship between daily supply (y) and the unit price (x) for a particular item. A sample of ten days supply and associated price resulted in the following data. 
a.Develop the least square estimated regression equation.
b.Compute the coefficient of determination and fully explain its meaning.
c.At 0.05, perform a t-test and determine if the slope is significantly different from zero.
Definitions:
Insurance Proceeds
The money received from an insurance claim, paid out by the insurance company to the policyholder or beneficiary.
Fraud on the Creditor
An act of deceit intended to keep assets from being claimed by creditors.
Life Insurance Policy
A contract between an insurer and a policyholder in which the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person.
Insurance Agent
A professional authorized to sell and manage insurance policies on behalf of insurance companies.
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