In R I have used
lm()to fit a model. Then I use the
confint() function to learn more about the slope. How to I understand the following result? Is the following conclusion true:
With 95% probability the slope is between 1232.44 and 1259.912?
> confint(fit1) 2.5 % 97.5 % (Intercept) 14161.38 14649.096 car.sales 1232.44 1259.912