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Author Question: Predict with 95 confidence the monthly sales of a salesperson with 10 years of experience. 95 CI = ... (Read 68 times)

rmenurse

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on: Jun 24, 2018
Predict with 95 confidence the monthly sales of a salesperson with 10 years of experience. 95 CI = ________________ Enter as (n1,n2) with no  or , in the number.
 Fill in the blank(s) with correct word

Question 2

Briefly describe each of the following: a) Homoscedasticity b) Residual


jharrington11

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

-1,564,023,253

Answer to Question 2

a) The assumption of equal population variance of the residuals
b) Random error; the difference between the actual and predicted value from the regression line.


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