Question
Textbook: Basic Business Statistics Concepts and Applications by Mark Berenson, David Levine, Kathryn Szabat, David Stephan 14th edition problem 13.47) In Problem 13.9 on page
Textbook: Basic Business Statistics Concepts and Applications by Mark Berenson, David Levine, Kathryn Szabat, David Stephan 14th edition
problem 13.47) In Problem 13.9 on page 494, an agent for a real estate company wanted to predict the monthly rent for one-bedroom apartments, based on the size of the apartment. The data are stored in RentSilverSpring . Use the results of that problem.
a. At the 0.05 level of significance, is there evidence of a linear relationship between the size of the apartment and the monthly rent?
b. Construct a 95% confidence interval estimate of the population slope, b1.
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Essentials of Business Analytics
Authors: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
2nd edition
1305627733, 978-1305861817, 1305861817, 978-0357688960, 978-1305627734
