Using the data in Problem 70, construct a 95 % confidence interval for b. Is it possible

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Using the data in Problem 70, construct a 95 % confidence interval for

b. Is it possible for the true b to be negative?

Problem 70

It is of interest to find the relationship between the monthly closing stock prices of IBM (y; unit: $10) and the closing indices of Dow Jones Industrial Average (x; unit 100).image text in transcribed

Estimate the slope of the regression of the monthly closing prices of IBM against those of DJIA

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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