Construct confidence intervals about b1


Why is it desirable to have the explanatory variables spread out to test a hypothesis regarding B1 or construct confidence intervals about B1?

1. So the mean of B1 is smaller
2. So the mean of B1 is larger
3. So the standard deviation of B1 is smaller
4. So the standard deviation of B1 is larger

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Basic Statistics: Construct confidence intervals about b1
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