Scenario:Data set presents a sample of thenumber of defective flash drives produced by a small manufacturing company overthe last 30 weeks. The company’s operations manager believes that the number ofdefects produced by the process is less than seven defective flash drives perweek. Please interpret and explain the regressionequation for predicting the number of defective flash drives over time (inweeks), the correlation coefficient r and the coefficient of determination R2. Submit a Word document 1-2 pagesthat include the following critical elements must be addressed:A. Onthe spreadsheet attached – for the scatter plot comment on the strength and direction ofthe association between the variables using the scatterplot.B. Correlation sheet– check if this value supports the argument in part A.C .Regression sheet– report the values of the intercept coefficient and the slope coefficient.Interpret what these values indicate.D. Usethe regression output in part C and report the R2 value, interpret what thisvalue indicates.E .Asimple regression with one independent variable, the square of the correlationcoefficient equals the R2 value. Please verify that this relationship holdstrue.F .Residuals– Verify if the quantitative data condition, Linearity condition, outlierconditions and equal spread condition are satisfied.