Question: Statistics and Probability Plot (A) Plot (C) 150 . . F . 100 start up cost Residual 50- -50 - 1000 .... . 1100 1200

Statistics and Probability

Plot (A) Plot (C) 150 . . F . 100 start up cost Residual 50- -50 - 1000 .... . 1100 1200 1300 1400 1500 -100- . 0.02- 0.05- 0.6- 0.8- 0.95- 0.98 Plot (B) Normal Quantile start up cost Residual 150 100 50 o 50 .100 1000 1050 1100 1150 1200 1250 1350 1400 annual frachise fee For the following questions, suppose the hypothesis test assumptions are met (regardless of your previous answers). (f) What is the 95% confidence interval for B1? For (ii) and (iii) round your answer to four decimal places. i. [0.5pts]Report the degrees of freedom associated with this confidence interval. ii. [0.5pts]What is the correct critical value (from Table D)? iii. [1pt]Report the lower and upper bounds of your confidence interval

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