Problem

Johnson Plastics Inc. produces cases for CDs. The accounting manager has calculated a regr...

Johnson Plastics Inc. produces cases for CDs. The accounting manager has calculated a regression to determine future production costs. The regression estimate is $5,000 with an R-squared of .9, a t-value of 2.5, and a standard error (SE) of $400. Within what interval would she be reasonably (67%) confident that the actual values will fall?

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