Assume that 25 models were run (n=25), and it was found that the mean value of slope
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Question:
Q1: Compute the standard error of the mean ( s/sqr n)
Q:2 Compute the T confidence interval at the 95% level.
Q3: If you ran a new data set, and found the regression line to be Y^ = 12x+0.83 would this be an expected value with the 95% CI, or would this data set now be of concern?
Q4: Compute the T confidence interval at the 99% level.
Q5: At the 95% confidence level, determine the sample size needed so that the margin of error of the confidence interval is less than 0.1.
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