In Problem 12 8 on page 424 you used annual revenues
In Problem 12.8 on page 424, you used annual revenues to predict the value of a baseball franchise. The data are stored in BBValues . Use the results of that problem.
a. At the 0.05 level of significance, is there evidence of a linear relationship between annual revenue and franchise value?
b. Construct a 95% confidence interval estimate of the population slope, β1.
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