Refer to Exercise 4 where we are trying to link
Refer to Exercise 4 where we are trying to link average hourly wage (x) to employee turnover rate (y) The estimated regression equation there was ˆy = 139.2 – 6.7x.
a. Show the 90% confidence interval estimate of the “population” intercept. Interpret your interval.
b. Show the 90% confidence interval estimate of the “population” slope, Interpret your interval.
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