QUESTION THREE The following table shows, for eight vintages of select wine, purchases per buyer (y) and the buyer's rating in a year (x): X 3.6 3.2 3.1 6.0 4.1 2.5 3.0 5.1 20 22 23 17 28 25 20 28 Y

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(d) Find and interpret a 90%, confidence interval for the slope of the population regression line.
(e) Find a 90% confidence interval for expected purchases per buyer for a vintage for which the
buyer a rating is 2.0.
(f) Test at 5% level of significance whether there is a significant linear between purchases per
buyer and the buyer's rating.
Transcribed Image Text:(d) Find and interpret a 90%, confidence interval for the slope of the population regression line. (e) Find a 90% confidence interval for expected purchases per buyer for a vintage for which the buyer a rating is 2.0. (f) Test at 5% level of significance whether there is a significant linear between purchases per buyer and the buyer's rating.
QUESTION THREE
The following table shows, for eight vintages of select wine, purchases per buyer (y) and the
buyer's rating in a year (x):
X
3.6
3.2
3.1
6.0
4.1
2.5
3.0
5.1
20
22
23
17
28
25
20
28
Y
Transcribed Image Text:QUESTION THREE The following table shows, for eight vintages of select wine, purchases per buyer (y) and the buyer's rating in a year (x): X 3.6 3.2 3.1 6.0 4.1 2.5 3.0 5.1 20 22 23 17 28 25 20 28 Y
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