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TABLE 13-1A large national bank charges local companies for using their services. A bank official reported the results of a regression analysis designed to predict the bank’s charges (Y) — measured in dollars per month — for services rendered to local companies. One independent variable used to predict service charge to a company is the company’s sales revenue (X) — measured in millions of dollars. Data for 21 companies who use the bank’s services were used to fit the model: The results of the simple linear regression are provided below. = -2,700 + 20X, SYX = 65, two-tailed p value = 0.034 (for testing β1)Referring to Table 13-1, a 95% confidence interval for β1 is (15, 30). Interpret the interval.

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