Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 14 - Review - Review Exercises - Page 729: 2d

Answer

$s_{b_1}=0.03658$

Work Step by Step

$s_e=0.5102$ (item (b)) To find $s_x$: In MINITAB, enter the Row Chosen values in C1. Select Stat -> Basic Statistics -> Display Descriptive Statistics In Variables enter C1 and click in Statistics. Select "Standard deviation". Click OK. Click Ok. $s_x=2.293$ $s_{b_1}=\frac{s_e}{\sqrt {∑(x_i-x ̅)^2}}=\frac{s_e}{\sqrt {n-1}s_x}$ (see note on page 684) $s_{b_1}=\frac{0.5102}{\sqrt {38-1}\times2.293}=0.03658$
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