Answer:
There would be an overall 25% decrease
Step-by-step explanation:
Because -75 + 50 = -25
Answer:
Step-by-step explanation: I think it is c
Answer:
D) collinearity
Step-by-step explanation:
Collinearity occurs when a few of the independent variables are related or match up. Collinearity increases the large proportion the variance of an estimated regression coefficient which leads to certain regression coefficient having wrong signs. It is used to explain the relationship between two variables.
The answer is -10! Glade I could help!!
Answer:
Critical value: T = 1.34
Lower endpoint: $63.04
Upper endpoint: $102.86
Step-by-step explanation:
We are in posession of the sample's standard deviation, so we use the student t-distribution to solve this question.
The first step to solve this problem is finding how many degrees of freedom, we have. This is the sample size subtracted by 1. So
df = 17 - 1 = 16
80% confidence interval
Now, we have to find a value of T, which is found looking at the t table, with 16 degrees of freedom(y-axis) and a confidence level of
). So we have T = 1.34 as our critical value.
The margin of error is:
M = T*s = 1.337*14.89 = 19.91.
In which s is the standard deviation of the sample.
The lower end of the interval is the sample mean subtracted by M. So it is 82.95 - 19.91 = $63.04
The upper end of the interval is the sample mean added to M. So it is 82.95 + 19.91 = $102.86