Given below are seven observations collected in a regression study on two variables, x (independent variable) and y (dependent variable). Copy and paste the numbers in an Excel worksheet and then use Excel's Regression tool to conduct a simple linear regression analysis. Choose 95% confidence level.  Answer the following questions:  x y 2 12 3 9 6 8 7 7 8 6 7 5 9 2     t statistics is statistically significant at 5% level. Answer Yes or No.  Yes No   What is the lower bound of the 95% confidence interval for the independent variable x (Keep 2 decimal places)   What is the upper bound of the 95% confidence interval for the independent variable x (Keep 2 decimal places)

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.2: The Least Square Line
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Given below are seven observations collected in a regression study on two variables, x (independent variable) and y (dependent variable). Copy and paste the numbers in an Excel worksheet and then use Excel's Regression tool to conduct a simple linear regression analysis. Choose 95% confidence level.  Answer the following questions: 

x y
2 12
3 9
6 8
7 7
8 6
7 5
9 2

 

 

t statistics is statistically significant at 5% level. Answer Yes or No. 

Yes No

 

What is the lower bound of the 95% confidence interval for the independent variable x (Keep 2 decimal places)  

What is the upper bound of the 95% confidence interval for the independent variable x (Keep 2 decimal places)  

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