A 95% confidence interval for the slope of a regression line is (1.075, 1.992). Which of the following best interprets this interval?
A 95% confidence interval for the slope of a regression line is (1.075, 1.992). Which of the following best interprets this interval?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A 95% confidence interval for the slope of a regression line is (1.075, 1.992). Which of the following best interprets this interval?
We are 95% confident that the true regression line will correctly predict y for x values between 1.075 and 1.992. |
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For a given x value, the probability is 0.95 that the predicted y value will be between 1.075 and 1.992. |
|
We are 95% confident that the true slope of the regression line is between 1.075 and 1.992. |
|
We are 95% confident that predicted y values will be between 1.075 and 1.992 on average. |
|
The probability is 0.95 that the true slope of the regression line is between 1.075 and 1.992. |
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