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ing Google Yahoo What Is The B y Beginners? Jobs--Job posting If You Don't B. .Story I Verly Smart Financi.: Apply online Twitter Capricorn an.Anw Take Test: BANA 3363 Online The ACT is a standardized test that many high school students in the U.S. take in order to apply for college (the other major admissions test is the SAT) The purpose of any standardized admissions test is to allow the institution at which the student is applying to prediot how a student would perform academically, as measured by grade point average (GPA). Of course, many other oriteria are considered by admissions committees, such as high school GPA and involvement in extracurricular activities, but we won't get into those here. The dean of a college of business at a medium-sized regional university is interested in examining the relationship between ACT scores and GPAs of students in the college. After taking a random sample of 141 students, he performs a regression analyais using Excel and gets the output below Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.206754254 0.042747321 0.035860611 0.365573763 ANOVA df MS 10.829558763 0.8295596.20722 0.013899275 Regression Residual Total 139 18.57654053 0 133644 140 19.40609929 ard Emor tStat P-vale Lower 95% Upper 95% Intercept ACT 2 402979486 0 264202725 9.0952118.8E-16 1.880603742 2 925355229 00270639730 01086283 2 491429 0013899 0 005586227 0 048541719 Interpret the 96% confidence interval for ß1-the regression slope, in the context of the problem by choosing the correct key wordsphases E for We can be 95% confident, based on the method used to construct the interval, that the true increase in the E3 is between 2 and increase in Click Save and Submit to sqve aind submit. Cliok Save All Anisvers to save all answers Save All Answers Close Wind

Explanation / Answer

We can be 95% confident based on the method used to contruct the interval that the true increase in the GPA a unit increase in ACT is between 0.005586227 and 0.048541719

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