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multiple choice:- STC earnings in billions of Riyals are estimated using GNP (gross national product). The regression equation is where GNP is measured in billions
multiple choice:-
STC earnings in billions of Riyals are estimated using GNP (gross national product). The regression equation is where GNP is measured in billions of Riyals.
Interpret the slope.
- For each additional one billion in GNP, STC earnings on average will increase by .078 billion Riyal.
- For each additional one billion in GNP, STC T earnings on average will increase by .0.06 billion Riyal.
- For each additional one billion in GNP, STC T earnings at most will increase by .078 billion Riyal.
- For each additional one billion in GNP, STC earnings at least will increase by .006 billion Riyal.
If the statistical model for simple linear regression is appropriate, a prediction interval for Y is given by A. b1tSb1 B. YtSf C. ytSf D. XtSf
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