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Author Question: An economist is interested in studying the spending habits of consumers in a particular region. The ... (Read 31 times)

sammy

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on: Jun 24, 2018
An economist is interested in studying the spending habits of consumers in a particular region. The population standard deviation is known to be 1,000 . A random sample of 50 individuals resulted in an average expense of 15,000 . What is the width of the 99 confidence interval?

Question 2

Multicollinearity is a situation in which two or more of the independent variables are highly correlated with each other.
  Indicate whether the statement is true or false


sabina576

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Reply #1 on: Jun 24, 2018
Answer to Question 1

Width = 729.74

Answer to Question 2

T


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