Homework Help is Here – Start Your Trial Now!
Math
Statistics
Step 4. Construct the 80% confidence interval for the slope. Round your answers to three decimal places. Answer: Lower endpoint: Upper endpoint: Step 5. Construct the 98% confidence interval for the slope. Round your answers to three decimal places. Answer: Lower endpoint: Upper endpoint:

Step 4. Construct the 80% confidence interval for the slope. Round your answers to three decimal places. Answer: Lower endpoint: Upper endpoint: Step 5. Construct the 98% confidence interval for the slope. Round your answers to three decimal places. Answer: Lower endpoint: Upper endpoint:

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
See similar textbooks
icon
Related questions
Question
#11 step 4 and 5 please
11. 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 120 154 163 179 180 Number of Bids 14 14 16 18 20 Summation table x2 y2 196 y ху Item 1 120 14 1680 14400 Item 2 154 14 2156 23716 | 196 Item 3 163 16 2608 26569 256 Item 4 179 18 3222 32041 324 Item 5 180 20 3600 32400 400 Sum 796 82 13266 129126 1372 Step 1. Calculate the sum of squared errors (SSE). Use the values bo = 2.3745 and = 0.0881 for the calculations. Round your answer to three decimal places. 10 2.3745 +0.0881x= 12.9465=13 15.9419 : 16 16.7348 -17 19.1444 1 18.232516 Answer: Step 2. Calculate the estimated variance of errors, s. Round your answer to three decimal places. 3.33 SSE = 10 Answer: n-2 5-ス 3. I+ 4 +1+ 0 3.33 113 of MAT 106.04 Professor Felix
Transcribed Image Text:11. 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 120 154 163 179 180 Number of Bids 14 14 16 18 20 Summation table x2 y2 196 y ху Item 1 120 14 1680 14400 Item 2 154 14 2156 23716 | 196 Item 3 163 16 2608 26569 256 Item 4 179 18 3222 32041 324 Item 5 180 20 3600 32400 400 Sum 796 82 13266 129126 1372 Step 1. Calculate the sum of squared errors (SSE). Use the values bo = 2.3745 and = 0.0881 for the calculations. Round your answer to three decimal places. 10 2.3745 +0.0881x= 12.9465=13 15.9419 : 16 16.7348 -17 19.1444 1 18.232516 Answer: Step 2. Calculate the estimated variance of errors, s. Round your answer to three decimal places. 3.33 SSE = 10 Answer: n-2 5-ス 3. I+ 4 +1+ 0 3.33 113 of MAT 106.04 Professor Felix
Step 3. Calculate the estimated variance of slope, s. Round your answer to three decimal places. Answer: 240 2.8 Step 4. Construct the 80% confidence interval for the slope. Round your answers to three decimal places. Answer: Lower endpoint: Upper endpoint: Step 5. Construct the 98% confidence interval for the slope. Round your answers to three decimal places. Answer: Lower endpoint: Upper endpoint: The following data give the number of hours 5 students spent studying and their corresponding grades on their midterm exams. 12. Hours Studying 3 3 4 Midterm Grades 72 74 74 75 79 5 5
Transcribed Image Text:Step 3. Calculate the estimated variance of slope, s. Round your answer to three decimal places. Answer: 240 2.8 Step 4. Construct the 80% confidence interval for the slope. Round your answers to three decimal places. Answer: Lower endpoint: Upper endpoint: Step 5. Construct the 98% confidence interval for the slope. Round your answers to three decimal places. Answer: Lower endpoint: Upper endpoint: The following data give the number of hours 5 students spent studying and their corresponding grades on their midterm exams. 12. Hours Studying 3 3 4 Midterm Grades 72 74 74 75 79 5 5
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 11 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Point Estimation, Limit Theorems, Approximations, and Bounds
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS