5. Jse Dataset4, which is posted in Data Sets in Bb. The purpose of the anlysis is to predict Income (given in thousands) from Education (given in years). [Note: although race is given, you will not...

Extracted text: 5. Jse Dataset4, which is posted in Data Sets in Bb. The purpose of the anlysis is to predict Income (given in thousands) from Education (given in years). [Note: although race is given, you will not use it in any of the calculations for this assignment.] a. Show all steps for calculating a 95% confidence interval for P1. You may check your results with R, but for credit you must show all steps. b. Interpret the interval you calculated in part (a).


Extracted text: i 1 3 4 Xi 4 1 3 3 4 yi 16 12 17 13 22 LO