Given below are seven observations collected in a regression study on two variables, x (independent variable) and y (dependent variable). Copy and paste the numbers in an Excel worksheet and then use Excel's Regression tool to conduct a simple linear regression analysis. Choose 95% confidence level.  Answer the following questions:  x y 2 12 3 9 6 8 7 7 8 6 7 5 9 2     t statistics is statistically significant at 5% level. Answer Yes or No.  Yes No   What is the lower bound of the 95% confidence interval for the independent variable x (Keep 2 decimal places)   What is the upper bound of the 95% confidence interval for the independent variable x (Keep 2 decimal places)

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
icon
Related questions
Question

Given below are seven observations collected in a regression study on two variables, x (independent variable) and y (dependent variable). Copy and paste the numbers in an Excel worksheet and then use Excel's Regression tool to conduct a simple linear regression analysis. Choose 95% confidence level.  Answer the following questions: 

x y
2 12
3 9
6 8
7 7
8 6
7 5
9 2

 

 

t statistics is statistically significant at 5% level. Answer Yes or No. 

Yes No

 

What is the lower bound of the 95% confidence interval for the independent variable x (Keep 2 decimal places)  

What is the upper bound of the 95% confidence interval for the independent variable x (Keep 2 decimal places)  

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Similar questions
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill