Question: A regression was performed using data on 32 NFL teams in 2003. The variables were Y = current value of team (millions of dollars) and

A regression was performed using data on 32 NFL teams in 2003. The variables were Y = current value of team (millions of dollars) and X = total debt held by the team owners (millions of dollars).
(a) Write the fitted regression equation.
(b) Construct a 95 percent confidence interval for the slope.
(c) Perform a right-tailed t test for zero slope at Î± = .05. State the hypotheses clearly.
(d) Use Excel to find the p-value for the t statistic for the slope.

variables coefficients std error Intercept Debt 557.4511 3.0047 25.3385 0.8820

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