In a simple linear regression analysis attempting to link lottery sales (y) to jackpot amount (x), the following data are available: The slope (b) of the estimated regression equation here is 3.5.The intercept (a) is 20.Produce the 95% confidence interval estimate of the population slope, β, and report the upper bound for the interval.
A)5.02
B)4.66
C)7.23
D)3.72
E)8.05

Question

In a simple linear regression analysis attempting to link lottery sales (y) to jackpot amount (x), the following data are available:  The slope (b) of the estimated regression equation here is 3.5.The intercept (a) is 20.Produce the 95% confidence interval estimate of the population slope, β, and report the upper bound for the interval.
A)5.02 
B)4.66 
C)7.23 
D)3.72 
E)8.05

Quizplus · Accepted Answer

The Answer of In a simple linear regression analysis attempting to link lottery sales (y) to jackpot amount (x), the following data are available:  The slope (b) of the estimated regression equation here is 3.5.The intercept (a) is 20.Produce the 95% confidence interval estimate of the population slope, β, and report the upper bound for the interval.
A)5.02 
B)4.66 
C)7.23 
D)3.72 
E)8.05

In a Simple Linear Regression Analysis Attempting to Link Lottery