A sample of 10 yields the following data: x 10 8 11 7 10 11 6 7
Question:
A sample of 10 yields the following data:
x 10 8 11 7 10 11 6 7 15 9 y 103 85 115 73 97 102 65 75 155 95
a. Provide a 95% confidence interval for the average y when xp 9.4.
b. Provide a 95% confidence interval for the average y when xp 10.
c. Obtain the margin of errors for both part a and part
b. Explain why the margin of error obtained in part b is larger than that in part a.
a. Produce the regression line.
b. Determine if there is a linear relationship between the dependent and independent variables. Use a significance level of 0.05 and a p-value approach.
c. Calculate a 90% confidence interval for the amount the dependent variable changes when the independent variable increases by 1 unit.
Step by Step Answer:
Business Statistics A Decision Making Approach
ISBN: 9780136121015
8th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry, Kent D. Smith