Source | SS df MS Number of obs = 1,534
————-+———————————- F(1, 1532) =123.68
Model | 32001.7271 1 32001.7271 Prob > F = 0.0000
Residual | 396383.812 1,532 258.73617 R-squared = 0.0747
————-+———————————- Adj R-squared =0.0741
Total | 428385.539 1,533 279.442622 Root MSE = 16.085

——————————————————————————
prate | Coef. Std. Err. t P>|t| [95% Conf. Interval]
————-+—————————————————————-
mrate | 5.861079 .5270107 11.12 0.000 4.82734 6.894818
_cons | 83.07546 .5632844 147.48 0.000 81.97057 84.18035
——————————————————————————

Interpret the slope coefficient and discuss itís statisicalsignicance. Also comment on the R-squared of the regression.