For this homework, you are to use the dataset, crime.dta.  The data contains state-level information on crime rates and other related variables. For this exercise, you will use the variables crimrate (crimes per 10,000 persons) and poverty (percent population in poverty).

Run a regression model where crime rate (crimrate) is the dependent variable and percent poor (poverty) is the independent variable.

FORMULAS AND CALCULATIONS MUST BE SHOWN.

a.  Interpret the R²

b.  Interpret the value of the slope coefficient on the variable poverty.

c.  Interpret the value of intercept term (or constant).

d.  Conduct a significance test on the slope coefficient. Is it significant?  In your answer, please write out the null and alternative hypotheses, the test statistic, p-value and alpha.