MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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To assess the relationship between monthly sales of a product and monthly advertising expenditure(both in
thousands of dollars); a linear regression model was fitted using data for 20 months and results were as follows:
Variable B s.e(B)
Intercept 6.3812
advert 1.1762 0.0786
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Transcribed Image Text:To assess the relationship between monthly sales of a product and monthly advertising expenditure(both in thousands of dollars); a linear regression model was fitted using data for 20 months and results were as follows: Variable B s.e(B) Intercept 6.3812 advert 1.1762 0.0786
(b) Using critical value of 2.101, the 95% confidence interval for the slope parameter is(round off answers to two
decimal points):
lower confidence interval
upper confidence interval
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Transcribed Image Text:(b) Using critical value of 2.101, the 95% confidence interval for the slope parameter is(round off answers to two decimal points): lower confidence interval upper confidence interval
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