Use the given set of points to
a). Compute b1.
b). Compute the residual standard deviation se.
c). Compute the sum of squares for x,
d). Compute the standard error of b1, sb.
e). Find the critical value for a 95% confidence interval for
f). Compute the margin of error for a 95% confidence interval for
g). Construct a 95% confidence interval for
h). Test the null hypothesis versus Use the =0.05 level of significance.
Correct Answer:
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b). 1.7631
c). 67.5...
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