Find the 95% confidence interval for the slope in each of the following settings. (Round your answers to three decimal places.)
(a) n = 20, ŷ = 24.5 + 1.8x, and SEb1 = 0.85 ,
(b) n = 30, ŷ = 30.6 + 2.3x, and SEb1 = 1.15 ,
(c) n = 100, ŷ = 29.7 + 2.3x, and SEb1 = 1.15 ,
(a)
Since it is simple linear regression so degree of freedom of t distribution is
df = n-2= 20-2 = 18
The critical value using excel function "=TINV(0.05,18)" is 2.101. The required confidence interval is
(b)
Since it is simple linear regression so degree of freedom of t distribution is
df = n-2= 30-2 = 28
The critical value using excel function "=TINV(0.05,28)" is 2.048. The required confidence interval is
(c)
Since it is simple linear regression so degree of freedom of t distribution is
df = n-2= 100-2 = 98
The critical value using excel function "=TINV(0.05,98)" is 1.984. The required confidence interval is
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