In: Statistics and Probability
The following table compares the completion percentage and interception percentage of 5 NFL quarterbacks.
Completion Percentage | 55 | 59 | 60 | 60 | 62 |
---|---|---|---|---|---|
Interception Percentage | 4.5 | 4.2 | 3.5 | 2.9 |
1.4 |
Step 1 of 5: Calculate the sum of squared errors (SSE). Use the values b0=26.9386 and b1=−0.3993 for the calculations. Round your answer to three decimal places.
Step 2 of 5: Calculate the estimated variance of errors, se2. 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 99% 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 :
1)
SSE = 1.788
2)
S2e = 0.596
3)
S2b = 0.022
4)
(-1.270 , 0.472)
5)
(-1.076 , 0.278)