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 Time table to the right shows the data from a random sample of 12 customers. Construct a 95% confidence interval for the regression slope. Order Size Time Order SizeO $68 $29 $96 $195 $50 $34 $56 $366 $127 $155 16 3 11 36 24 7 21 35 $77 $247 1 22 12 Construct a 95% confidence interval for the slope. LCL = and UCL =O (Round to three decimal places as needed.)
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 Time table to the right shows the data from a random sample of 12 customers. Construct a 95% confidence interval for the regression slope. Order Size Time Order SizeO $68 $29 $96 $195 $50 $34 $56 $366 $127 $155 16 3 11 36 24 7 21 35 $77 $247 1 22 12 Construct a 95% confidence interval for the slope. LCL = and UCL =O (Round to three decimal places as needed.)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 4GP
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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
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