From a sample of 100 observations, the following results were obtained: ∑ 𝑌𝑡 = 96.32 ∑ 𝑌𝑡 2 = 189.73 ∑ 𝑋𝑡 = 58.21 ∑ 𝑋𝑡 2

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From a sample of 100 observations, the following results wereobtained:
∑ 𝑌𝑡 = 96.32 ∑ 𝑌𝑡 2 = 189.73 ∑ 𝑋𝑡 = 58.21 ∑ 𝑋𝑡 2 = 91.60 ∑ 𝑋𝑡𝑌𝑡= 68.64 n = 100
(i) Using OLS, obtain and and compute the coefficient ofdetermination (R 2 ).
(ii) Obtain the standard errors for and and explain whether theyare significant or not