For the data set shown below
x y
20 98
30 95
40 91
50 83
60 70
(a) Use technology to find the estimates of β0 and β1.
β0≈b0equals=114.60
(Round to two decimal places as needed.)
β1≈b1=−0.68
(Round to two decimal places as needed.)
(b) Use technology to compute the standard error, the point estimate for σ.
Se=3.7771
(Round to four decimal places as needed.)
(c) Assuming the residuals are normally distributed, use technology to determine sb1.
sb1=__?__
(Round to four decimal places as needed.)
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