# Question: Refer to Exercise 2 where we are attempting to link

Refer to Exercise 2, where we are attempting to link a company’s annual R & D Budget (x) to the number of patents granted to researchers at the company (y). The estimated regression equation turned out to be ˆy = 3.5 – 1.0x.

a. Show the 95% confidence interval estimate of the “population” intercept,. Interpret your interval.

b. Show the 95% confidence interval estimate of the “population” slope, . Interpret your interval.

a. Show the 95% confidence interval estimate of the “population” intercept,. Interpret your interval.

b. Show the 95% confidence interval estimate of the “population” slope, . Interpret your interval.

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