Answer the following questions based on the data from Problem 14.73. a. Calculate the coefficient of determination.

Question:

Answer the following questions based on the data from Problem 14.73.

a. Calculate the coefficient of determination.

b. Test the significance of the population coefficient of determination using a = 0.05.

c. Construct a 95% confidence interval for the average order size for a 40-year-old customer.

d. Construct a 95% prediction interval for the order size for Rick, who is a 40-year-old customer.

e. Verify your results from parts c and d with PHStat.

AppendixLO1

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Business Statistics

ISBN: 9780133852288

2nd Edition

Authors: Robert A Donnelly, Robert Donnelly Jr

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