Answered: An Internet retailer would like to…

Name: An Internet retailer would like to investigate the relationship betwee
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Description: An Internet retailer would like to investigate the relationship between the amount of time in minutes a purchaser spends on its Web site and the amount of money he or she spends on an order. The table to the right shows the data from a random sample

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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An Internet retailer would like to investigate the relationship between the amount of time in minutes a purchaser spends on its Web site and the amount of money he or she spends on an order. The table to the right shows the data from a random sample of 12 customers. Construct a 99% confidence interval for the regression slope.

Time	Order_Size
17	70
15	30
26	97
25	198
4	51
16	36
3	60
37	362
5	122
34	164
25	80
8	247

Construct a 99% confidence interval for the slope. Please show how to do using Excel

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