Evaluating the limits in confidence intervals


Assignment:

Confidence Intervals for ??0 and β1Confidence intervals for the y -intercept β0 and slope β1 for a regression line ( y=β0 + β1 x) can be found by evaluating the limits in the intervals below

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The y-intercept b0 and the slope b1 are found from the sample data and tα /2 is found from Table A-3 by using n -2 degrees of freedom. Using the pizza subway data from the Chapter Problem, find the 95% confidence interval estimates of β0 and β1 .

Table below in the Chapter Problem are listed below.

CPI

30.2

48.3

112.3

162.2

191.9

197.8

Subway Fare

0.15

0.35

1

1.35

1.5

2

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Basic Statistics: Evaluating the limits in confidence intervals
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