l) Find a 99% confidence interval for the partial slope of the population regression line...
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l) Find a 99% confidence interval for the partial slope of the population regression line pertaining to the independent variable camera body. Provide an explanation of the meaning of this interval in the context of the problem. Show how this interval can be used to answer the question posed (at the 1% level of significance) in part j) of the problem.
m) Find a 99% confidence interval for the partial slope of the population regression line pertaining to the independent variable price of lens. Provide an explanation of the meaning of this interval in the context of the problem. Show how this interval can be used to answer the question posed (at the 1% level of significance) in part k) of the problem.
n) Find the variance inflationary factor for this model. Use it to draw a conclusion as to whether there is the existence of a significant amount of collinearlity in this model. Justify your answer.
Sales of Body
Price of Lens
Gender
Sales of Lens
155
$700
1
122
101
650
1
120
157
725
0
135
180
575
1
95
150
600
0
100
201
750
0
174
99
560
1
118
137
500
0
130
155
675
1
128
165
550
1
166
152
725
0
131
127
750
1
102
217
565
0
165
186
670
0
154
176
600
1
97
123
585
0
129
109
645
0
98
90
575
1
105
176
660
0
120
129
650
1
105
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