Question

The following data give the number of hours 7 students spent studying and their corresponding grades...

The following data give the number of hours 7 students spent studying and their corresponding grades on their midterm exams.

Hours Studying 0.5 0.5 1 2 2 2.5 4
Grades 66 78 78 86 90 95 99

Step 1 of 5: Calculate the sum of squared errors (SSE). Use the values b0=69.7311 and b1=8.3106 for the calculations. Round your answer to three decimal places.

Step 2 of 5: Calculate the estimated variance of errors. Round your answer to three decimal places.

Step 3 of 5: Calculate the estimated variance of slope. Round your answer to three decimal places.

Step 4 of 5: Construct the 99% confidence interval for the slope. Round your answers to three decimal places.

Step 5 of 5: Construct the 95% confidence interval for the slope. Round your answers to three decimal places.

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