Oil Well Drilling Costs Consider the data set of oil well
Chapter 12, Problem 12.3.3(choose chapter or problem)
Oil Well Drilling Costs Consider the data set of oil well drilling costs given in DS 12.2.1. (a) What is the standard error of 1? (b) Construct a two-sided 95% condence interval for the slope parameter 1. (c) Test the null hypothesis H0 : 1 =0. Interpret your answers.
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