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price. The following is a sample of 5 items sold through an auction. Price in Dollars 22 30 31 35 Number of Bids 1 5 6 8 43 8

price. The following is a sample of 5 items sold through an auction. Price in Dollars 22 30 31 35 Number of Bids 1 5 6 8 43 8

MATLAB: An Introduction with Applications
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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Consider the relationship between the number of bids an item on eBay received and the item's selling price. The following is a sample of 5 items sold through an auction. Price in Dollars 22 30 Number of Bids 1 5 31 31 35 35 43 6 8 8 Table Copy Data Step 3 of 5: Calculate the estimated variance of slope, s2. Round your answer to three decimal places.
Transcribed Image Text:Consider the relationship between the number of bids an item on eBay received and the item's selling price. The following is a sample of 5 items sold through an auction. Price in Dollars 22 30 Number of Bids 1 5 31 31 35 35 43 6 8 8 Table Copy Data Step 3 of 5: Calculate the estimated variance of slope, s2. Round your answer to three decimal places.
Consider the relationship between the number of bids an item on eBay received and the item's selling price. The following is a sample of 5 items sold through an auction. Price in Dollars 22 30 31 35 43 Number of Bids 1 5 6 8 8 Table Copy Data Step 4 of 5: Construct the 98% confidence interval for the slope. Round your answers to three decimal places.
Transcribed Image Text:Consider the relationship between the number of bids an item on eBay received and the item's selling price. The following is a sample of 5 items sold through an auction. Price in Dollars 22 30 31 35 43 Number of Bids 1 5 6 8 8 Table Copy Data Step 4 of 5: Construct the 98% confidence interval for the slope. Round your answers to three decimal places.
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