Chapter 13: Problem 17
An experiment to study the relationship between \(x=\) time spent exercising (min) and \(y=\) amount of oxygen consumed during the exercise period resulted in the following summary statistics. $$ \begin{aligned} &n=20 \quad \sum x=50 \quad \sum y=16,705 \quad \sum x^{2}=150 \\ &\sum y^{2}=14,194,231 \quad \sum x y=44,194 \end{aligned} $$ a. Estimate the slope and \(y\) intercept of the population regression line. b. One sample observation on oxygen usage was 757 for a 2 -min exercise period. What amount of oxygen consumption would you predict for this exercise period, and what is the corresponding residual? c. Compute a \(99 \%\) confidence interval for the true average change in oxygen consumption associated with a 1 -min increase in exercise time.