You are reading a research article that summarizes the results of an experiment with 15 observations as: β^0= 2:8; β^1= 20:6; σ^=1:2; r = 20:35:
(a) Is there evidence that the independent and dependent variables are associated?
(b) Give a 90% confidence interval for the change in the expected value of y if x increases by 4 units.
(c) Give a point estimate for the value of y if x = 2.
(d) Suppose the sample mean for the independent variable was x = 0 and the sample standard deviation was sx= 3. Give a 95% confidence interval for a new observation with x = 2.
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