Stats Solutions

(All Steps) The number of cash machines in a random sample of eight towns, and the population of the towns are: Cash Machines: 20 23 28 41 53 46 82 126 Population

Question: The number of cash machines in a random sample of eight towns, and the population of the towns are:

Cash Machines: 20 23 28 41 53 46 82 126

Population (00s): 37 51 69 72 90 105 163 227

  1. Regress the number of cash machines against population and test the hypothesis that the populations slope is zero at the 5% level of significance.
  2. Produce a 95%confidence interval for the mean number of cash machines in towns with a population of 80,000 people.

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


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