Based on a sample of n = 20, the least-squares method was used to develop the following
Question:
In addition,
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 13.55 (a) and (b). Which intervals are wider? Why?
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Related Book For
Basic Business Statistics Concepts And Applications
ISBN: 9780132168380
12th Edition
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
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