Question: Answer the following questions using the data from Problem 14.65: a. Using = 0.05, test for the significance of the regression slope. b. Construct

Answer the following questions using the data from Problem 14.65:

a. Using α = 0.05, test for the significance of the regression slope.

b. Construct a 95% confidence interval for the population slope.

c. What conclusions about the shelf space and sales can be drawn from these results?

d. Verify your results using Excel.

In Problem

Shelf Space Sales (Feet ($100) Shelf Space Sales (Feet) ($100) 9 14

Shelf Space Sales (Feet ($100) Shelf Space Sales (Feet) ($100) 9 14 12 10

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