Fuel economy, part 3. Consider again the data in Exercise 33 about the fuel economy and weights

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Fuel economy, part 3.

Consider again the data in Exercise 33 about the fuel economy and weights of cars.

a) Create a 95% confidence interval for the average fuel efficiency among cars weighing 2500 pounds, and explain what your interval means.

b) Create a 95% prediction interval for the gas mileage you might get driving your new 3450-pound SUV, and explain what that interval means.

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Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

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