Use the given set of points to compute the margin of error for a 95% confidence interval for $\beta _ { 1 }$
$\begin{array} { c | c c c c c c c c }
x & 11 & 8 & 5 & 9 & 14 & 5 & 10 & 11 \
\hline y & 30 & 17 & 22 & 23 & 34 & 9 & 28 & 30
\end{array}$
A) 2.2860
B) 0.5409
C) 1.3236
D) 4.4235

Question

Use the given set of points to compute the margin of error for a  95%  confidence interval for $\beta _ { 1 }$
$\begin{array} { c | c c c c c c c c } 
x & 11 & 8 & 5 & 9 & 14 & 5 & 10 & 11 \
\hline y & 30 & 17 & 22 & 23 & 34 & 9 & 28 & 30
\end{array}$
A)  2.2860 
B)  0.5409 
C)  1.3236 
D)  4.4235

Quizplus · Accepted Answer

The margin of error for $\beta_1$ in a linear regression is calculated using the standard error of the slope and the critical value from the t-distribution. Given the data, the correct margin of error is 1.3236.

Use the Given Set of Points to Compute the Margin β1\beta _ { 1 }β1​

Use the Given Set of Points to Compute the Margin $\beta _ { 1 }$