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Project Information Part II There are a few points that you need to make sure are met: ∙Plot the data and explain why a linear regression seems reasonable. ∙ You obtain estimates of the regression parameters, construct confidence intervals for them. ∙Test if the regression is important or not. ∙Estimate a value of Y for some value of x for which you have no observations, construct a confidence interval for it. ∙Compute the residuals, plot them and explain if the assumptions for using a linear regression are satisfied or not. ∙Compute the coefficient of determination and explain what it means, construct a confidence interval, hypothesis test. Remember this is the minimum amount of points I expect to see in the second part of the project. Good luck!