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Author Question: A market researcher is interested in studying the incomes of consumers in a particular region. The ... (Read 101 times)

ghost!

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on: Jun 24, 2018
A market researcher is interested in studying the incomes 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 income of 15,000 . What is the upper end point in a 99 confidence interval for the average income?

Question 2

One of the consequences of multicollinearity in multiple regression is biased estimates on the slope coefficients.
  Indicate whether the statement is true or false


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wilsonbho

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

UCL = 15,364.87

Answer to Question 2

F


ghost!

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

brbarasa

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Reply 3 on: Yesterday
Excellent

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