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Exhibit 15-9.An economist estimates the following model: .She would like to construct interval estimates for y when x equals 2.She estimates a modified model where y is the response variable and the explanatory variable is now defined as
.A portion of the regression results is shown in the accompanying table.
Refer to Exhibit 15-9.According to the modified model,what is a 95% confidence interval for
when x equals 2? (Note that
. )
Cash Discount Rate
A reduction on the invoice price offered by sellers to encourage prompt payment from the buyer.
Invoice
A detailed bill provided by a seller to a buyer, listing the products or services sold and the total amount due.
Outstanding Invoices
Unpaid invoices that represent the amount due from buyers to sellers, not yet collected.
Terms
Conditions and stipulations under which agreements are made, including those governing loans, contracts, and sales.
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