Given the following Excel regression output, which of the following statements is NOT correct?
Coefficients Standard-Error t Stat P-value
Intercept 19.153 0.818 23.426 0.000
X 1.218 0.132 9.240 0.000
1) the slope is 1.218 which means Y increases by 1.218 unit per unit of X
2) p-value for X is .000<5% which means the relationship between X and Y is significant.
3) the intercept is 19.153 which means Y increases by 19.153 units per unit of X
4) p-value for intercept is .000<5% which means the intercept is significant.