Question: Refer to the previous exercise a Explain what the regression parameter

Refer to the previous exercise.
a. Explain what the regression parameter β means in this context.
b. Construct and interpret a 95% confidence interval for β.
c. Use the result of part b to form a 95% confidence interval for the difference in the mean selling prices for homes with x = 4 bedrooms and with x = 2 bedrooms.

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  • CreatedSeptember 11, 2015
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