Question

6. Consider the following set of dependent and independent variables. Use this data to complete parts...

6. Consider the following set of dependent and independent variables. Use this data to complete parts a and b below.

Construct a​ 95% confidence interval for the regression coefficient for x1

y   x1   x2
9   0   18
14   3   9
16   3   13
16   8   11
22   9   4
24   11   7
25   13   6
32   21   6

a. The​ 95% confidence interval for the true population coefficient B1 is _____ to _____. (Round to three decimal places as​ needed.)

b. Construct a​ 95% confidence interval for the regression coefficient for x2.

The​ 95% confidence interval for the true population coefficient β2 is ______ to _____. ​(Round to three decimal places as​needed.)

Homework Answers

Answer #1

Applying regression from excel: with data-data analysis -regression:

Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept 15.59429 3.077636 5.066971 0.003877 7.682976 23.5056 7.682976 23.5056
x1   0.87813 0.146331 6.000979 0.001845 0.501974 1.254286 0.501974 1.254286
x2 -0.35766 0.214183 -1.6699 0.155806 -0.90824 0.19291 -0.90824 0.19291

a)

95% confidence interval for the true population coefficient B1 is 0.502 to 1.254

b) 95% confidence interval for the true population coefficient β2 is is -0.908 to 0.193

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