Confidence interval for slope of the true regression line

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Reference no: EM131769825

Question: Beer and BAC.

(a) Give the standard error of the slope, SEb. Interpret this value in context.

(b) Find the critical value for a 99% confidence interval for the slope of the true regression line. Then calculate the confidence interval. Show your work.

(c) Interpret the interval from part (b) in context. (d) Explain the meaning of "99% confident" in context.

Reference no: EM131769825

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