Given the model and data of palm oil production (Yi) and number of labour (Xi) are as follows: Yi = b0 + b1Xi + mi denga

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Given the model and data of palmoil production (Yi) and number of labour (Xi)are as follows:
Yi =b0 +b1Xi +mi
dengan, Yi adalahkeluaran sawit (tan metrik), Xi bilangan buruh(orang), dan mi terma ralat.
where, Yi is thepalm oil production (tonne metric),Xi is the number oflabour (people) and µi is theerror term.
Jadual 4.3: Keluaran sawit, bilangan buruh, danjumlah modal.
Table 4.3: Palm oil production,number of labour and total capital.
Keluaran sawit / Palm oilproduction
(tan metrik / metrictonne)
Bilangan buruh / Number oflabour
(orang / people)
50
100
30
50
40
60
20
30
90
160
Run regression estimation for themodel of palm oil production using the data inTable 4.3 with any computer software and report yourfindings. Show your procedures and output findings.
(10 markah / marks)
Give interpretation for eachparameterestimated.(10 markah / marks)
Test the significance of theparameter using the probability of t statistic (P value).
(10 markah / marks)
Give the interpretation of thecoefficient of determinant(R2).(10 markah / marks)