The slope is the change in Y over the change in X.
Use the two blue dots on the graph :
(-1,0) ans (3,4)
Slope = (4 - 0) / (3 - -1)
= 4 / 4
= 1
Answer:
87-13 = 74
Step-by-step explanation:
Step-by-step explanation:
is satisfied but not (3). D. Neither OLS assumption (2) nor (3) is satisfied.
Answer:
1) Increase the sample size
2) Decrease the confidence level
Step-by-step explanation:
The 95% confidence interval built for a sample size of 1100 adult Americans on how much they worked in previous week is:
42.7 to 44.5
We have to provide 2 recommendations on how to decrease the margin of Error. Margin of error is calculated as:

Here,
is the critical z-value which depends on the confidence level. Higher the confidence level, higher will be the value of critical z and vice versa.
is the population standard deviation, which will be a constant term and n is the sample size. Since n is in the denominator, increasing the value of n will decrease the value of Margin of Error.
Therefore, the 2 recommendations to decrease the Margin of error for the given case are:
- Increase the sample size and make it more than 1100
- Decrease the confidence level and make it lesser than 95%.