You have been asked to determine the effect of per capita disposable income on retail sales using

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You have been asked to determine the effect of per capita disposable income on retail sales using cross-section data by state. The data are contained in the data file Economic Activity. Estimate the appropriate regression equation and determine the 95% confidence interval for the expected change in retail sales that would result from a $1,000 increase in per capita disposable income.
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Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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