SCENARIO 14-8
a Financial Analyst Wanted to Examine the Relationship $\beta$

question 153

Short Answer

SCENARIO 14-8
A financial analyst wanted to examine the relationship between salary (in $1,000) and 2 variables: age (X₁ = Age) and experience in the field (X₂ = Exper). He took a sample of 20 employees and obtained the following Microsoft Excel output:


Also, the sum of squares due to the regression for the model that includes only Age is 5022.0654 while the sum of squares due to the regression for the model that includes only Exper is 125.9848.
-Referring to Scenario 14-7,the department head decided to construct a 95% confidence interval for $\beta$ ₁ .The confidence interval is from to .

---

Definitions:

Korotkoff Sounds

The sounds that medical personnel listen for when they are taking blood pressure using a non-invasive procedure, which indicate the resumption of blood flow into the forearm.

Blood Pressure Cuff

A device used to measure blood pressure, consisting of an inflatable cuff to restrict blood flow and a meter to read the pressure.

Subclavian Artery

A major artery that supplies blood to the upper limbs and parts of the brain and chest.

Basilar Artery

A major artery in the brain that supplies blood to the posterior part of the circle of Willis and the brainstem.