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In: Statistics and Probability

The following table compares the completion percentage and interception percentage of 5 NFL quarterbacks. Completion Percentage...

The following table compares the completion percentage and interception percentage of 5 NFL quarterbacks. Completion Percentage 57 59 61 65 65 Interception Percentage 4.8 4.7 4.5 3.1 1.1 Table

Step 4 of 5 : Construct the 98% confidence interval for the slope. Round your answers to three decimal places.

Solutions

Expert Solution

SST=Syy= 9.9520
SSE =Syy-(Sxy)2/Sxx= 2.842
SSR =(Sxy)2/Sxx = 7.1103
s2 =SSE/(n-2)= 0.9472
std error σ              = =se =√s2= 0.9733
estimated std error of slope =se(β1) =s/√Sxx= 0.136

Step 4 of 5 :

for 98 % CI value of t= 4.5410
margin of error E=t*std error                            = 0.6177
lower bound=estimated slope-margin of error = -0.990
Upper bound=estimated slope+margin of error= 0.245

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