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Question: Cholesterol, finis. Based on the regression output seen in Exercise 8, create a 95% confidence interval for the slope of the regression line and interpret it in context.
Exercise: Cholesterol 2007. Does a person's cholesterol level tend to change with age? Data collected from 1406 adults aged 45 to 62 produced the regression analysis shown. Assuming that the data satisfy the conditions for inference, examine the association between age and cholesterol level.
Dependent variable is: Chol
s = 46.16
Variable Coefficient SE(Coeff) t-ratio P-value
Interpret 194.232 13.55 14.3 ≤0.0001
Age 0.771639 0.2574 3.00 0.0056
a) State the appropriate hypothesis for the slope.
b) Test your hypothesis and state your conclusion in the proper context.
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Caselet on McDonald’s vs. Burger King - Waiting time
Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.
Problems on Sampling Variability and Standard Error and Confidence Intervals
Estimate the population mean
Conduct a marketing experiment in which students are to taste one of two different brands of soft drink
Find out the probability
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