The local utility company surveys 19 randomly selected customers. For each survey participant, the company collects the following: annual electric bill (in dollars) and home size (in square feet). Output from a regression analysis is as follows: bill 11.45 +3.26 size. Coefficients Estimate Std. Error (Intercept) Size 11.45 3.26 0.83 0.35 Round your answer to three decimal places, and round any interim calculations to four decimal places. We are 99% confident that the mean annual electric bill increases by between dollars for every additional square foot in home size. dollars and

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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The local utility company surveys 19 randomly selected customers. For each survey participant, the
company collects the following: annual electric bill (in dollars) and home size (in square feet). Output from
a regression analysis is as follows: bill 11.45 +3.26 size.
Coefficients Estimate Std. Error
(Intercept)
Size
11.45
3.26
0.83
0.35
Round your answer to three decimal places, and round any interim calculations to four decimal places.
We are 99% confident that the mean annual electric bill increases by between
dollars for every additional square foot in home size.
dollars and
Transcribed Image Text:The local utility company surveys 19 randomly selected customers. For each survey participant, the company collects the following: annual electric bill (in dollars) and home size (in square feet). Output from a regression analysis is as follows: bill 11.45 +3.26 size. Coefficients Estimate Std. Error (Intercept) Size 11.45 3.26 0.83 0.35 Round your answer to three decimal places, and round any interim calculations to four decimal places. We are 99% confident that the mean annual electric bill increases by between dollars for every additional square foot in home size. dollars and
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