The Regression Analysis, Excel Functions & Business Environment - Business Assignment Help

Assignment Task

to-graded questions 
1. What is the explanatory variable (x-axis) and what is the response variable (y-axis)?
2. What is the best linear equation for predicting the winning time based on year? I.e. what are the intercept and slope terms? 
3. What is the correlation between winning time and year? 
4. How much of the variation in winning time is explained by year? I.e. what is the coefficient of determination, r2? 
5. What is the standard error, se?

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