Question

Suppose we have a regression line where the intercept is 0.24 and the slope is 0.87. Our variable of interest is x. Suppose the standard errors for the intercept 0.02 and the slope is 0.07. What is the upper estimate for a one unit increase in the x variable according to the margin of error

Answer 1

Explanation:

Margin of Error = Zcritical * Standard error

Zcritical at 5% confidence interval

Z0.065