Write the below question in docx(word) format explaining answering.Data will be provided.You can create regression in excel but need the explaination in word format

The data attached contains information on customers’ ratings of your product (CustRate), on a scale of 1 to 100, along with demographic information. The demographic information includes: income (Inc), age (Age), education (Educ), and marital status (Marr). The last variable equals one if the respondent is married and zero otherwise. Assume the data-generating process can be written as:

CustRate_i=α+β₁Inc_i+β₂Age_i+β₃Educ_i+β₄Marr_i+U_i.

1. Test the hypothesis that income has no impact on customer rating, using a confidence level of 95%. Be sure to provide the reasoning behind your result.
2. Test the hypothesis that β2=0.05, using a confidence level of 90%. Be sure to provide the reasoning behind your result.
3. Build a 95% confidence interval for the impact of education on customer rating. Be sure to provide the reasoning for your result.
4. Build a 95% confidence interval for the impact of being married on customer rating. Be sure to provide the reasoning for your result.
5. Predict the change in customer rating if a customer’s income increases by $10,000, with no change in age, education, or marital status.