The following data give the experience (in years) and monthly salaries (in hundreds of dollars) of nine randomly selected secretaries. Experience 14 3 5 6 4 9| 18 5 16 Monthly salary 62 29 37 43 | 60 67 32 | 60 35 a) Find the least squares regression line. b) Construct a 98% confidence interval for B.. cl Test at the 2 56 eignificance oreater than Tero

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dstv nov X
dstv no x b soccer p x
> soccer p X
> panaitol x
Content X
вы 2119877 х
вы 1981047 х
3 Settings x
Microso x +
->
Ô https://learn-eu-central-1-prod-fleet01-xythos.learn.cloudflare.blackboardcdn.com/5e8cacc75e657/2119877?X-Blackb..
+1
...
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(B Page view A Read aloud V Draw
E Highlight
O Erase
of 1
TUTORIAL 2
The following data give the experience (in years) and monthly salaries (in hundreds of
dollars) of nine randomly selected secretaries.
Experience 14 3
Monthly
5
6
4
9
| 18
5
16
62
29
37
43
|35
60
| 67
32
60
salary
a) Find the least squares regression line.
b) Construct a 98% confidence interval for B1.
c) Test at the 2.5% significance level whether Bi is greater than zero.
d) Interpret the meaning of the values of Bo and Bị calculated in part a.
e) Plot the scatter diagram and the regression line.
f) Calculate r and r², and explain what they mean.
g) Predict the monthly salary for a driver with 10 years of experience.
h) Compute the standard deviation of errors.
i) Construct a 90% confidence interval for B,.
j) Test at the 5% significance level whether B1 is negative.
k) Compute the linear correlation coefficient.
I) Using a = 0.05, test whether p is different from zero.
m) Construct a 90% confidence interval for the mean monthly salary of all
secretaries with 10 years of experience.
www.youtube.com • 3m
n) Construct a 90% prediction interval for the monthly salary of a randomly
Join us LIVE for a new message from Pasto..
selected secretary with 10 years of experience.
Elevation Worship is live
12:40 PM
P Type here to search
W
A O A 4)
4/25/2021
Transcribed Image Text:dstv nov X dstv no x b soccer p x > soccer p X > panaitol x Content X вы 2119877 х вы 1981047 х 3 Settings x Microso x + -> Ô https://learn-eu-central-1-prod-fleet01-xythos.learn.cloudflare.blackboardcdn.com/5e8cacc75e657/2119877?X-Blackb.. +1 ... + (B Page view A Read aloud V Draw E Highlight O Erase of 1 TUTORIAL 2 The following data give the experience (in years) and monthly salaries (in hundreds of dollars) of nine randomly selected secretaries. Experience 14 3 Monthly 5 6 4 9 | 18 5 16 62 29 37 43 |35 60 | 67 32 60 salary a) Find the least squares regression line. b) Construct a 98% confidence interval for B1. c) Test at the 2.5% significance level whether Bi is greater than zero. d) Interpret the meaning of the values of Bo and Bị calculated in part a. e) Plot the scatter diagram and the regression line. f) Calculate r and r², and explain what they mean. g) Predict the monthly salary for a driver with 10 years of experience. h) Compute the standard deviation of errors. i) Construct a 90% confidence interval for B,. j) Test at the 5% significance level whether B1 is negative. k) Compute the linear correlation coefficient. I) Using a = 0.05, test whether p is different from zero. m) Construct a 90% confidence interval for the mean monthly salary of all secretaries with 10 years of experience. www.youtube.com • 3m n) Construct a 90% prediction interval for the monthly salary of a randomly Join us LIVE for a new message from Pasto.. selected secretary with 10 years of experience. Elevation Worship is live 12:40 PM P Type here to search W A O A 4) 4/25/2021
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