In Problem 13.8 on page 531, you used annual revenues to predict the value of a baseball

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In Problem 13.8 on page 531, you used annual revenues to predict the value of a baseball franchise. The data are stored in BBRevenue. Use the results of that problem.
a. At the 0.05 level of significance, is there evidence of a linear relationship between annual revenue and franchise value?
b. Construct a 95% confidence interval estimate of the population slope, β1.
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Basic Business Statistics Concepts And Applications

ISBN: 9780132168380

12th Edition

Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel

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