Beer and BA C Refer to Exercise 5. (a) Give the standard error of the slope, SEb.
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Beer and BA C Refer to Exercise 5.
(a) Give the standard error of the slope, SEb. Interpret this value in context.
(b) Find the critical value for a 99% confidence interval for the slope of the true regression line. Then calculate the confidence interval. Show your work.
(c) Interpret the interval from part
(b) in context.
(d) Explain the meaning of “99% confident” in context.
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