In: Statistics and Probability
The following data give the number of hours 5 students spent studying and their corresponding grades on their test. Hours Studying 3 3 4 5 5 test Grades 72 74 74 75 79 Table
Step 1 of 5: Calculate the sum of squared errors (SSE). Use the values b0=66.8000 and b1=2.0000 for the calculations. Round your answer to three decimal places
Step 2 of 5: Calculate the estimated variance of errors, s2e. Round your answer to three decimal places.
Step 3 of 5: Calculate the estimated variance of slope, s2b1. Round your answer to three decimal places.
Step 4 of 5: Construct the 80% confidence interval for the slope. Round your answers to three decimal places.
Step 5 of 5: Construct the 98% confidence interval for the slope. Round your answers to three decimal places.
The statistical software output for this problem is :
Step 1 : SSE = 10.8
Step 2 : S2e = 3.6
Step 3 : S2b = 0.900
Step 4 : The 80% confidence interval for the slope is :
(0.446 , 3.554)
Step 5 : The 98% confidence interval for the slope is :
(-2.308 , 6.308)