The data from exercise 1 follow. a. Use equation (14.23) to estimate the standard deviation of y*

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The data from exercise 1 follow. 

1 2 3 4 y; 3 7 5 11 14


a. Use equation (14.23) to estimate the standard deviation of yˆ* when x = 4. 

b. Use expression (14.24) to develop a 95% confidence interval for the expected value of y when x = 4. 

c. Use equation (14.26) to estimate the standard deviation of an individual value of y when x = 4. 

d. Use expression (14.27) to develop a 95% prediction interval for y when x = 4.

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Modern Business Statistics With Microsoft Excel

ISBN: 9781337115186

6th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

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