Youth unemployment 2016. Here is a scatterplot showing the regression line, 95% confidence intervals, and 95%

prediction intervals, using youth unemployment data for a sample of 33 nations. The response variable is the Male Rate, and the predictor variable is the Female Rate.

a) Explain the meaning of the 95% prediction intervals in this context.

b) Explain the meaning of the 95% confidence intervals in this context.

c) Using a statistics program, identify any unusual observations, and discuss their potential impact on the regression.

Transcribed Image Text:

Male Rate 2016 45 40 35 30 25 20 25 15 10 + + 10 20 30 Female Rate 2016 Regression S 95% CI - 95% Pl + 40 50 2.58 R-Sq 92.9% R-Sq(adj) 92.7%