Based on a sample of n = 20, the least squares method was used to develop the
Question:
a. Construct a 95% confidence interval estimate of the population mean response for X = 4.
b. Construct a 95% prediction interval of an individual response for X = 4.
c. Compare the results of (a) and (b) with those of Problem 12.55 (a) and (b). Which intervals are wider? Why?
Transcribed Image Text:
E(X, - X) = 20 Syx = 1.0 X= 2
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a When X 4 5 3X 5 34 17 95 confidence interval t 0052 s YX h 17 ...View the full answer
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Related Book For
Business Statistics A First Course
ISBN: 9780321979018
7th Edition
Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan
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