00:01
So here i'm going to focus on the two parts of the problem that it seems that you've been marked incorrect on, specifically starting with c1, where you are asked for a 95 % confidence interval, 95 % ci, for the slope of the coefficient of income.
00:23
So this is something that you're actually already given in the display.
00:28
If we look at the bottom of that table, you can see that we have coefficients, standard error, t, stat, key value, lower 95%, and upper 95%.
00:45
So the lower 95 % and upper 95 % values are actually going to be the upper and lower bounds of the confidence interval.
00:57
So one second here.
00:59
Essentially, the question, what it's getting at isn't really doing any calculations on your own.
01:06
Instead, the focus is on how do you interpret the out.
01:10
Put that you're getting from the software...