# Question: Use the data from Problem 12 19 and determine the se

Use the data from Problem 12.19 and determine these.

## Answer to relevant Questions

Determine the SSE and the se for Problem 12.20. Comment on the size of se for this regression model, which is used to predict the cost of milk.Test the slope of the regression line determined in Problem 12.8. Use α = .10.Advertising .... Sales12.5 ...... 1483.7 ...... 5521.6 ...... 33860.0 ...... 99437.6 ...... 5416.1 ...... 8916.8 ...... 12641.2 ...... 379Construct a 99% confidence interval for the average bond rate in Problem 12.9 for a prime interest rate of 10%.Discuss the meaning of this confidence interval.Bond Rate .. Prime Interest Rate5% ....... 16%12 ....... 69 ...Determine the equation of the least squares regression line to predict y from the following data.a. Construct a 95% confidence interval to estimate the mean y value for x = 60.b. Construct a 95% prediction interval to ...The following data represent a breakdown of state banks and all savings organizations in the United States every 5 years over a 60-year span, according to the Federal Reserve System.Develop a regression model to predict the ...Post your question