Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

do i use number of observation or df for this?Constructing a 95% confidence interval estimate: In Excel, you can use the CONFIDENCE.NORM function to calculate

do i use number of observation or df for this?Constructing a 95% confidence interval estimate: In Excel, you can use the CONFIDENCE.NORM function to calculate the confidence interval. The syntax is CONFIDENCE.NORM(alpha, standard_dev, size). Here, alpha is 0.05 (for a 95% confidence level), standard_dev is the standard error from your regression output (0.750), and size is the number of observations (100). The result is the margin of error, which you would add and subtract from your predicted mean to get the confidence interval

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Calculus Early Transcendentals

Authors: William L. Briggs, Lyle Cochran, Bernard Gillett

2nd edition

321954428, 321954424, 978-0321947345

More Books

Students also viewed these Mathematics questions