In Exercises 1518, use the given set of points to a. Compute b1. b. Compute the residual

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In Exercises 15–18, use the given set of points to

a. Compute b1.

b. Compute the residual standard deviation se.

c. Compute the sum of squares for x, ∑(x − x̄)2.

d. Compute the standard error of b1, sb.

e. Find the critical value for a 95% confidence interval for β1.

f. Compute the margin of error for a 95% confidence interval for β1.

g. Construct a 95% confidence interval for β1.

h. Test the null hypothesis H0: β1 = 0 versus H1: β1 ≠ 0.

Use the α = 0.05 level of significance. image text in transcribed

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Elementary Statistics

ISBN: 9781259969454

3rd Edition

Authors: William Navidi, Barry Monk

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Question Posted: May 11, 2024 09:01 PM

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In Exercises 1518, use the given set of points to a. Compute b1. b. Compute the residual

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x 12 13 15 13 12 14 13 y 18 19 18 16 16 15 20

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Elementary Statistics

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