# 1/25/2017

# Inferences in Regression and Correlation Analysis

- Sampling Distribution of b
_{1}
- Expected Value
- Standard Deviation
- Standardized Pivot Quantity

- Set up probability statement for derivation of C.I.
- Derivation of C.I. for slope parameter
- Hypothesis tests for slope parameter

# In class exercise

- 2.6 on p. 90 - see Airfreight.R

## Please finish your reading of Chapter 2 for class on Friday