A study of external disk drives finds the following, The least squares line was found to be:
Question:
The least squares line was found to be: price = 18.64 + 0.104 Capacity with se = 17.95 and SE (b1) = 0.0051.
a) Find the predicted Price of a 1000 GB hard drive.
B) Find a 95% confidence interval for the mean Price of all 1000 GB disk drives.
c) Find the 95% prediction interval for the Price of a 1000 GB hard drive.
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Related Book For
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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