Answered: An internet retailer would like to…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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An internet retailer would like to investigate the relationship between the amount of time in minutes a purchaser spends on its Web site and the amount of money he or she spends on an order. The table to the right shows the data from arándome sample of 12 customers. Construct a 95% confidence interval for the regression slope.

Construct a 95% confidence interval for the slope.

LCL=

UCL=

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An Internet retailer would like to investigate the relationship between the amount of time in minutes a purchaser spends on its Web site and the amount of money
he or she spends on an order. The table to the right shows the data from a random sample of 12 customers. Construct a 95% confidence interval for the
regression slope.
Construct a 95% confidence interval for the slope.
LCL =
and UCL =
(Round to three decimal places as needed.)

- Time
Order Size
Time
Order Size D
19
$70
$24
$89
$194
$54
$33
$57
$364
$131
$165
$70
$250
11
38
28
8
25
36
1
24
14

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