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Regression analysis

26) A) Obtain regression estimates.
B) Interpret the 95% confidence interval for the slope. Does it contain 0?
C) Interpret the t test for the slope and its p value.
D) Interpret the F statistic.
E) Verify that the p-value for F is the same as for the slope's t-statistic, and show that t2= F. F)

Describe the fit of the regression.

Orders (X) Ship Cost (Y)
1.068 4489
1.026 5611
767 3290
885 4113
1156 4883
1146 5425
892 4414
938 5506
769 3346
677 3673
1174 6542
1009 5088

Solution Summary

Step by step method for interpreting regression results .

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