Answer the following questions using the data from Problem 14.65: a. Using = 0.05, test for
Question:
Answer the following questions using the data from Problem 14.65:
a. Using α = 0.05, test for the significance of the regression slope.
b. Construct a 95% confidence interval for the population slope.
c. What conclusions about the shelf space and sales can be drawn from these results?
d. Verify your results using Excel.
In Problem
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Shelf Space Sales (Feet ($100) Shelf Space Sales (Feet) ($100) 9 14 12 10
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