Based on a sample of n = 20, the least-squares method was used to develop the following

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Based on a sample of n = 20, the least-squares method was used to develop the following prediction line:
Based on a sample of n = 20, the least-squares

In addition,

Based on a sample of n = 20, the least-squares

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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Statistics For Managers Using Microsoft Excel

ISBN: 772

7th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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