Researchers at Montana State University have written a tutorial on an empirical method for analyzing before and
Question:
Interstate Highways
Non-Interstate Highways
a. Give the least squares prediction equation for the interstate highway model.
b. Give practical interpretations of the β estimates you made in part a.
c. Refer to part a. Find a 99% confidence interval for β1 and interpret the result.
d. Refer to part a. Find a 99% confidence interval for β2 and interpret the result.
e. Repeat parts a-d for the non-interstate-highway model.
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