Consider a dataset consisting of 20 observations with the following summary statistics: (bar{x}=0, bar{y}=9, s_{x}=1), and (s_{y}=10).
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Consider a dataset consisting of 20 observations with the following summary statistics: \(\bar{x}=0, \bar{y}=9, s_{x}=1\), and \(s_{y}=10\). You run a regression using using one variable and determine that \(s=7\). Determine the standard error of a prediction at \(x_{*}=1\).
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To determine the standard error of a prediction at x 1 for a regression model we use the formula for ...View the full answer
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Related Book For 
Regression Modeling With Actuarial And Financial Applications
ISBN: 9780521135962
1st Edition
Authors: Edward W. Frees
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