document.write( "Question 977550: The following data show the number of hours studied for an exam, x, and the grade received on the exam, y (y is measured in 10's; that is, y = 8 means that the grade, rounded to the nearest 10 points, is 80).
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document.write( "x 2 3 3 3 3 4 4 5 5 6 6 7 8 8 8\r
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document.write( "y 5 5 6 7 8 7 9 7 8 7 9 10 8 9 10
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document.write( "Using the estimated standard error of regression, sb1 = 0.1435, for the number of hours studied–exam grade relationship, find the 95% confidence interval for the population slope β1. The equation for the line of best fit was y = 4.83 + 0.57x. (Give your answers correct to three decimal places.)\r
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document.write( "lower limit:
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document.write( "upper limit:
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Algebra.Com's Answer #599198 by jim_thompson5910(35256) ![]() You can put this solution on YOUR website! y = 4.83 + 0.57x has the slope 0.57. This is the estimate of the population slope β1. Let's call m the estimate of the population slope.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "n = 15 \n" ); document.write( "df = n-1 = 14\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Critical Value (95% confidence, df = 14). Use this table \n" ); document.write( "t = 2.145\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Margin of Error (ME) \n" ); document.write( "ME = t*Sb1 = 2.145*0.1435 = 0.3078075 \n" ); document.write( "ME = 0.3078075\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Lower Bound (L) \n" ); document.write( "L = m - ME \n" ); document.write( "L = 0.57 - 0.3078075 \n" ); document.write( "L = 0.2621925 \n" ); document.write( "L = 0.262\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Upper Bound (U) \n" ); document.write( "U = m + ME \n" ); document.write( "U = 0.57 + 0.3078075 \n" ); document.write( "U = 0.8778075 \n" ); document.write( "U = 0.878\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Summary:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "lower limit: 0.262\r \n" ); document.write( "\n" ); document.write( "upper limit: 0.878\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The 95% confidence interval for the slope β1 is (0.262, 0.878) \n" ); document.write( " |