A university would like to examine the relationship between a faculty member's performance rating (measured on a scale of 1-20) and his or her annual salary increase. The table to the right shows these data for eight randomly selected faculty members. Construct a 99% confidence interval for the regression slope. Construct a 99% confidence interval for the slope. LCL = and UCL = (Round to three decimal places as needed.) Rating Increase 17 18 11 12 $2400 $2400 $1700 $1700 Rating Increase 15 $2000 $2600 16 18 $2100 15 $1800

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K
A university would like to examine the relationship between a faculty
member's performance rating (measured on a scale of 1-20) and his or
her annual salary increase. The table to the right shows these data for
eight randomly selected faculty members. Construct a 99% confidence
interval for the regression slope.
Construct a 99% confidence interval for the slope.
LCL =
--and UCL =
(Round to three decimal places as needed.)
Rating
17
18
11
12
Increase Rating Increase
15
$2000
16
$2600
18
$2100
15
$1800
$2400
$2400
$1700
$1700
Inc
Transcribed Image Text:K A university would like to examine the relationship between a faculty member's performance rating (measured on a scale of 1-20) and his or her annual salary increase. The table to the right shows these data for eight randomly selected faculty members. Construct a 99% confidence interval for the regression slope. Construct a 99% confidence interval for the slope. LCL = --and UCL = (Round to three decimal places as needed.) Rating 17 18 11 12 Increase Rating Increase 15 $2000 16 $2600 18 $2100 15 $1800 $2400 $2400 $1700 $1700 Inc
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