THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
You are interested in determining the relationship between x and y.You have the following information:
b0= 117.4,b1= -14.39,s 
= 0.18,s 
= 0.18,n = 300, 
= 4.3,SST = 17045,and SSE = 12053.
-Develop an approximation of the 95% confidence interval for the expected value of y,given x = 
.
Definitions:
Standard Labor-Hours
The predetermined amount of time expected to be spent on a specific task or production process, used for planning and efficiency analysis.
Actual Output
The real quantity of goods or services produced within a specified period.
Variable Overhead Rate
A rate used to assign variable overhead costs to units of production, based on an activity driver such as labor hours or machine hours, fluctuating with changes in production activity.
Overhead Efficiency
The effectiveness with which a business uses its overhead expenses to produce goods or services.
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