Question

Whats the minimum and maximum value for the 95% confidence interval in this problem?

Data on the cost (millions of dollars) and the running time (minutes) for films of a particular Deendent variable is: Budget(SM) season are summarized in the computer output shown to the right and the plots below. Complete R squared-24.7% parts a and b. s 25.30 with 20-2-18 degrees of freedom Variable Coefficient SE(Coeff) t-ratio P-value Intercept -28.5347 35.19 0.81 0.4280 Run Time 0.696368 0.2864 2.43 0.0257 Click the icon to view the plots a) Check the assumptions and conditions for inference. Select all that apply. A. The residuals look random B. The scatterplot looks straight enough C. The residual plot and the scatterplot show consistent variability. D. The residuals are nearly normal. □ E. None of the assumptions and conditions for inference are satisfied b) Find a 95% confidence interval for the slope and interpret it. rm 95 % confident that the cost of making longer movies increases at a rate of between and» million dollars per minute Round to two decimal places as needed. Use ascending order.)

Answer 1