how do i do 30 Choose the one alternative that best completes the statement or a
ID: 3325229 • Letter: H
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how do i do 30
Choose the one alternative that best completes the statement or answers the question ARIO 13-1 ational bank charges local companies for using their services. A bank official reported the results of a regpenon alysis jwsas designed to predict the bank's charges ()-measured in dollar per month -for services rendered to local s One independent variable used to p easured in millions of dollars. Data for 21 companies who use the bank's services were used to tit the tmot predict service ch arges to a company is the company's sales revenue 00) The results of the simple linear regression are provided below. Ye-2,700 + 20x, srx-: 65, two-tail p-value-0.034 (for testing 1) 30) Referring to Scenario 13-1, interpret the estimate of o, the standard deviation of the random error 30) term (standard error of the estimate) in the model. A) For every $1 million increase in sales revenue, we expect a service charge to increase $65. B) About 95% of the observed service charges fall within $130 of the least squares line. C) About 95% of the observed service charges equal their corresponding predicted values. D) About 95% of the observed service charges fall within S65 of the least squares line. SHORT ANSWER. Write the word or phrase that best completes each statement or answers the questin SCENARIO 13-5Explanation / Answer
30) here cause std deviaiton is 65 amd we know that about 95% values are 2 std deviaiton from mean
therefore option B is correct
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