Back to 13.7 How to Use Microsoft Excel® for Regression Analysis

13.7 Exercise 2

Avg difficulty 2.5

An investigator has used a multiple regression program on 20 data points to obtain a regression equation with 3 variables. Part of the computer output is:

Variable Coefficient Standard Error of bib_{i}
1 0.45 0.21
2 0.80 0.10
3 3.10 0.86
  1. 0.80 is an estimate of ___________.
  2. 0.10 is an estimate of ___________.
  3. Assuming the responses satisfy the normality assumption, we can be 95% confident that the value of β2\beta_{2} is in the interval,_______ ± [t.025 ⋅ _______], where t.025 is the critical value of the student's t-distribution with ____ degrees of freedom.

OpenStax Introductory Business Statistics 2e, 13.7 How to Use Microsoft Excel® for Regression Analysis, exercise 2

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Adapted from Introductory Business Statistics 2e © 2023 Rice University. Licensed under CC BY 4.0. Source: Introductory Business Statistics 2e. Imported at revision 50ec917.