Suppose you are interested in the relationship between hours of sleep per day and happiness: Happiness, Bo + B₁ Sleepi + Uj You regress the model above, using OLS, and obtain ₁ = 10, with the appropriate standard error = 5.88. Construct a 90% confidence interval confidence interval for ₁. Round the lower bound and the upper bound of the interval to two decimal places: The lower bound is is and the upper bound

Suppose you are interested in the relationship between hours of sleep per day and happiness: Happiness, Bo + B₁ Sleepi + Uj You regress the model above, using OLS, and obtain ₁ = 10, with the appropriate standard error = 5.88. Construct a 90% confidence interval confidence interval for ₁. Round the lower bound and the upper bound of the interval to two decimal places: The lower bound is is and the upper bound

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Suppose you are interested in the relationship between hours
of sleep per day and happiness:
Happiness,
Bo + B₁ Sleepi + Uj
You regress the model above, using OLS, and obtain ₁ = 10,
with the appropriate standard error = 5.88. Construct a 90%
confidence interval confidence interval for ₁.
Round the lower bound and the upper bound of the interval
to two decimal places:
The lower bound is
is
and the upper bound

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