In your own words, explain the difference between an interval estimate of the mean value of y

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In your own words, explain the difference between an interval estimate of the mean value of y for a given x and an interval estimate for an individual value of y for a given x?

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Statistics For Business & Economics

ISBN: 9781305585317

13th Edition

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

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Question Posted: Dec 02, 2016 09:49 AM

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In your own words, explain the difference between an interval estimate of the mean value of y

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The estimate of a mean value is an estimat...View the full answer

Statistics For Business & Economics

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