Question: Textbook: Basic Business Statistics Concepts and Applications by Mark Berenson, David Levine, Kathryn Szabat, David Stephan 14th edition problem 13.47) In Problem 13.9 on page

Textbook: Basic Business Statistics Concepts and Applications by Mark Berenson, David Levine, Kathryn Szabat, David Stephan 14th edition

problem 13.47) In Problem 13.9 on page 494, an agent for a real estate company wanted to predict the monthly rent for one-bedroom apartments, based on the size of the apartment. The data are stored in RentSilverSpring . Use the results of that problem.

a. At the 0.05 level of significance, is there evidence of a linear relationship between the size of the apartment and the monthly rent?

b. Construct a 95% confidence interval estimate of the population slope, b1.

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