Explore BrainMass

# Regression Analysis

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

You are given the following results from computations pertaining to a simple linear regression application.

Y=5,723.0+145x
n= 25
Sb1=10.80

a) based on the statistics supplied, can you conclude that there is a significant linear relationship between x and y? test at a significant level of 0.05
b) interpret the slope coefficient.
c) Develop a 95% confidence interval estimate for the true regression slope and interpret the estimate.

https://brainmass.com/statistics/regression-analysis/regression-analysis-15234

#### Solution Summary

You are given the following results from computations pertaining to a simple linear regression application.

Y=5,723.0+145x
n= 25
Sb1=10.80

a) based on the statistics supplied, can you conclude that there is a significant linear relationship between x and y? test at a significant level of 0.05
b) interpret the slope coefficient.
c) Develop a 95% confidence interval estimate for the true regression slope and interpret the estimate.

\$2.19