Verify the confidence interval for the slope

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Reference no: EM131397185

Suppose you observe

X:

12.2

41

5.4

13

22.6

35.9

7.2

5.2

5.5

2.4

6.8

29.6

58.7

Y:

1.8

7.8

0.9

2.6

4.1

6.4

1.3

0.9

9.1

0.7

1.5

4.7

8.2


Verify that the 0.95 confidence interval for the slope is (0.14, 0.17). Would you reject H0 :β1 = 0? Based on this confidence interval only, can you be reasonably certain that generally, as X increases, Y increases as well?

Reference no: EM131397185

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