Required: Johnson Plastics Incorporated produces cases for CDs. The accounting manager has performed a regression analysis to determine future production costs. The regression estimate is $5,000, with an R-squared of 0.9, a t-value of 2.5, and a standard error (SE) of $400. Within what interval would she be reasonably (67%) confident that the actual values will fall? The confidence interval is from to

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Johnson Plastics Incorporated produces cases for CDs. The accounting manager has performed a regression analysis to determine
future production costs. The regression estimate is $5,000, with an R-squared of 0.9, a t-value of 2.5, and a standard error (SE) of
$400. Within what interval would she be reasonably (67%) confident that the actual values will fall?
The confidence interval is from
to
Transcribed Image Text:Required: Johnson Plastics Incorporated produces cases for CDs. The accounting manager has performed a regression analysis to determine future production costs. The regression estimate is $5,000, with an R-squared of 0.9, a t-value of 2.5, and a standard error (SE) of $400. Within what interval would she be reasonably (67%) confident that the actual values will fall? The confidence interval is from to
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